Question: Part 2 Given the following information: Regular Prod. Capacity = 8 , 5 0 0 units / qtr Beginning work force = 8 5 workers

Part 2 Given the following information:
Regular Prod. Capacity =8,500 units/qtr
Beginning work force =85 workers
Production rate/worker =100 units/qtr
Beginning Inventory =2,000 units
Regular Prod. Cost =$13? unit
Subcont Prod. Cost =$20? unit
Inventory Cost =$9/unit/qtr
Hiring Cost ,$6,000? worker
Firing Cost ,=$7,400? worker
Linear programming is to be used to determine a production plan strategy of Level Production,
Chase Demand, and Subcontracting. Regular Production is the only capacity limit.
Formulate the Objective Function (note which strategies to use).
and 8. Formulate all Constraints (standardized).
How many constraints are in the model?
If there were 12 months of forecasts, instead of 3 quarters, how many decision
variables would be in the model?
 Part 2 Given the following information: Regular Prod. Capacity =8,500 units/qtr

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