Question: PROBLEM ONE ( 30 points) Given: The Kufl Peynir Co. has a production capacity of 500kg/ week, and produces several kinds of cheese, among which
PROBLEM ONE ( 30 points) Given: The Kufl Peynir Co. has a production capacity of 500kg/ week, and produces several kinds of cheese, among which Ezine Beyaz is a best seller. The demand for Ezine Beyaz is constant and 250kg/ week. The production set-up costs are 200TL, and the holding costs are calculated as 2.50TLpa/kg Required: If Kfl Peynir closes down its operation for two weeks each year for annual vacation and maintenance, design the optimal production schedule for Ezine Beyazi, specifying the optimal quantity and frequency of production, and the total cost of this operation to Kfl Peynir
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
