Question: Question 4) APP Linear Programming Given the following information: Regular Prod. Cost = $20/unit Overtime Prod. Cost = $25/unit Quarter Demand Regular Prod. Capacity =

Question 4) APP Linear Programming Given the

Question 4) APP Linear Programming Given the following information: Regular Prod. Cost = $20/unit Overtime Prod. Cost = $25/unit Quarter Demand Regular Prod. Capacity = 3,000 units/qtr 1 8,000 Overtime Prod. Capacity = 800 units/atr 2 4,000 Subcontracting Capacity = 1,800 units/qtr 3 2,000 Inventory Capacity = 6,000 untis ats Beginning Inventory = 500 units Subcontracting Cost = $35/unit Inventory Cost = $4/unit/qtr Linear programming is to be used to determine a production plan strategy of Level Production, Overtime, and Subcontracting. a. Formulate the Objective Function (note that there are 3 quarters). b. Formulate all Constraints (standardized). c. How many decision variables are in the model? d. How many constraints are in the model? (do not include non-negativity constraints)

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