Question: Problem 6 ( 2 0 points ) . iScoot Motors Company needs to determine the scooter production quantities for the next four quarters. The demand
Problem points iScoot Motors Company needs to determine the scooter production quantities for
the next four quarters. The demand during the four quarters is expected to be
scooters, respectively. At the beginning of the first quarter, the company has an inventory of
scooters. The company can make up to scooters per quarter using regulartime labor at $ per scooter.
Additional scooter can' be made using overtime labor costing $ per scooter. A holding cost of unsold
units is $ per scooter, charged at the end of each quarter. Formulate a linear program for determining a
production schedule that would minimize the total costs of the company during the next four quarters.
Hint: consider the inventory example we see in the class.
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