Question: Replace the March demand forecast 5 1 0 by C . During a 4 6 - day period when there were 1 2 0 workers,

Replace the March demand forecast
5
1
0
by C
.
During a
4
6
-
day period when there were
1
2
0
workers, the firm produced
1
,
7
0
0
,
0
0
0
cookies. Assume that there are
1
0
0
workers employed, and C cookies in inventory at the beginning of month
1
(
January
)
.
Further assume that the inventory carrying cost cI
=
$
0
.
1
0
/
cookie
/
month
,
employee hiring cost cH
=
$
1
0
0
/
work
,
and cost of firing one worker cF
=
$
2
0
0
/
worker
.
It is required that the inventory level at the end of month
1
2
(
December
)
is
2
C
.
(
1
)
Mixed strategy
(
allowing inventory and workforce changes from month to month
)
: Find an optimal plan
(
using linear programming
)
to meet all monthly demands
(
assuming back order not allowed
)
in order to minimize the total cost including employee hiring and firing costs and inventory carrying cost. show all solutionThe Mr
.
Meadows Cookie Company can obtain accurate forecasts for
1
2
months based on firm orders. These forecasts

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