Question: need asap need total cost for given demands initial number of workers and inventory is given now need to minimize the cost such that number

 need asap need total cost for given demands initial number of

need asap

need total cost for given demands initial number of workers and inventory is given now need to minimize the cost such that number of workers are sufficient for demand as given in the problem

Aggregate Planning: LP model - 2 - Jan Feb Mar Apr May Jun Jul Aug Sep Oct Dem Nov 3000 Dec 3000 2500 1500 2000 2500 3000 4000 3000 2800 RT 2000 22 1000 18 22 19 23 20 22 22 18 21 20 4 22 4 5 4 5 4 5 5 4 5 4 5 = Beginning inventory = 1000 Working hours = 10 hours/ day Number of people in December =60 RT cost Rs. 10/hour OT cost = Rs. 13/hour Inventory cost = Rs. 20/unit/month Backlogging cost = Rs. 50/unit/month Hiring cost Rs. 500/person hired Lay-off cost = Rs. 400/person Subcontracting cost = Rs. 150/unit Under-utilization cost = Rs. 3/hour One unit consumes 10 hours of labor = = = Aggregate Planning: LP model - 2 - Jan Feb Mar Apr May Jun Jul Aug Sep Oct Dem Nov 3000 Dec 3000 2500 1500 2000 2500 3000 4000 3000 2800 RT 2000 22 1000 18 22 19 23 20 22 22 18 21 20 4 22 4 5 4 5 4 5 5 4 5 4 5 = Beginning inventory = 1000 Working hours = 10 hours/ day Number of people in December =60 RT cost Rs. 10/hour OT cost = Rs. 13/hour Inventory cost = Rs. 20/unit/month Backlogging cost = Rs. 50/unit/month Hiring cost Rs. 500/person hired Lay-off cost = Rs. 400/person Subcontracting cost = Rs. 150/unit Under-utilization cost = Rs. 3/hour One unit consumes 10 hours of labor = = =

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