Question: Regular Prod. Capacity =4500 units/qtr Regular Prod. Cost =$12 /unit Beginning work force =30 workers Subcont Prod. Cost =$20/ unit Production rate/worker =100 units/qtr Inventory

Regular Prod. Capacity =4500 units/qtr Regular

Regular Prod. Capacity =4500 units/qtr Regular Prod. Cost =$12 /unit Beginning work force =30 workers Subcont Prod. Cost =$20/ unit Production rate/worker =100 units/qtr Inventory Cost $7/ unit /qtr Beginning Inventory =1400 units Hiring Cost =$2000/ worker =$3700/ 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. 5. Formulate the Objective Function (note which strategies to use). 6. and 7. Formulate all Constraints (standardized). 8. How many constraints are in the model? 9. If there were 12 months of forecasts, instead of 3 quarters, how many decision variables would be in the model

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