Question: Part 1 Given the following information: Regular Prod. Capacity = 6 , 2 0 0 units / qtr Overtime Prod. Capacity = 3 , 0
Part Given the following information:
Regular Prod. Capacity unitsqtr
Overtime Prod. Capacity unitsqtr
Subcont Prod. Capacity unitsqtr
Inventory Capacity unitsqtr
Beginning Inventory units
Regular Prod. Cost $ unit
Overtime Prod. Cost $ unit
Subcont Prod. Cost $ unit
Inventory Cost $ unitqtr
Backordering Cost $ unitqtr
Linear programming is to be used to determine a production plan strategy of Level Production,
Overtime, and Subcontracting.
Formulate the Objective Function note that there are quarters
and Formulate all Constraints standardized
How many decision variables are in the model?
How many constraints are in the model?
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