Morgan works for a company that manufactures car parts at a single facility. The expected demand...
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Morgan works for a company that manufactures car parts at a single facility. The expected demand for one of these car parts during the next 3 months is shown in the table below along with the expected production costs and the expected capacity for producing these items. Month 1 Month 2 Month 3 Demand 60 60 65 Production Cost $20 $25 $25 Production Capacity 85 83 82 Morgan's company estimates it costs $10.00 per month for each unit of this appliance carried in inventory at the end of each month. Currently, Morgan's company has 5 units in inventory and wants to have 12 units in inventory at the end of month 3. To maintain a level workforce, the company wants to produce at least 70 units per month. They also want to maintain a minimum inventory of 12 units. The network diagram is shown below. Formulate the problem to minimize total cost. DO NOT SOLVE! All constraints must be in proper linear programming format to earn credit; constraints not in proper linear programming format will earn no credit. P1 P2 P3 5 İ23 12 1 2 3 60 60 65 A.) What is the objective function? [ Select ] B.) What is the minimum production constraint for month 2? [Select] C.) What is the flow balance constraint for month 1? [Select] D.) What is the inventory constraint between months 1 and 2? [Select] > Morgan works for a company that manufactures car parts at a single facility. The expected demand for one of these car parts during the next 3 months is shown in the table below along with the expected production costs and the expected capacity for producing these items. Month 1 Month 2 Month 3 Demand 60 60 65 Production Cost $20 $25 $25 Production Capacity 85 83 82 Morgan's company estimates it costs $10.00 per month for each unit of this appliance carried in inventory at the end of each month. Currently, Morgan's company has 5 units in inventory and wants to have 12 units in inventory at the end of month 3. To maintain a level workforce, the company wants to produce at least 70 units per month. They also want to maintain a minimum inventory of 12 units. The network diagram is shown below. Formulate the problem to minimize total cost. DO NOT SOLVE! All constraints must be in proper linear programming format to earn credit; constraints not in proper linear programming format will earn no credit. P1 P2 P3 5 İ23 12 1 2 3 60 60 65 A.) What is the objective function? [ Select ] B.) What is the minimum production constraint for month 2? [Select] C.) What is the flow balance constraint for month 1? [Select] D.) What is the inventory constraint between months 1 and 2? [Select] >
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Let the production for month 12 and 3 are P1 p2 and P3 respectively a objective function is ... View the full answer
Related Book For
College Mathematics for Business Economics Life Sciences and Social Sciences
ISBN: 978-0321614001
12th edition
Authors: Raymond A. Barnett, Michael R. Ziegler, Karl E. Byleen
Posted Date:
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