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5:03 7 X Lab5_Monday_Production plannin... GERMAN JORDANIAN UNIVERSITY SCHOOL OF APPLIED TECHNICAL SCIENCES INDUSTRIAL ENGINEERING Operations Research, IE33150 Name: Student Number: Q) The production manager of Tecoo Company is attempting to determine the upcoming 5-month production schedule for video recorders. Past production records indicate that 2,000 recorders can be produced per month. An additional 600 recorders can be produced monthly on an overtime basis. Unit cost is $10 for recorders produced during regular working hours and $15 for those produced on an overtime basis. Contracted sales per month are as follows: Month Contracted Sales (Units) 1 1200 2 2100 2400 4 3000 5 4000 Inventory carrying costs are $2 per recorder per month. The manager wants 200 units inventory carried over at the end of the fifth month. The manager wants to know the monthly production that will minimize total production and inventory costs Formulate a linear programming model for this problem, and solve it using Python Page 1 11/9/2020