Question: Solve the following problem following a No-setup EOQ Model the unit production and holding costs are as given in the following tables: Period i regular
- Solve the following problem following a No-setup EOQ Model the unit production and holding costs are as given in the following tables:
| Period i | regular time unit cost ($) | overtime unit cost ($) | unit holding cost ($) to period i +1 |
| 1 | $5 | $7.50 | $0.25 |
| 2 | $3 | $8.50 | $0.15 |
| 3 | $4 | $7.50 | $0.10 |
| 4 | $5 | $8.50 | $0.25 |
| 5 | $3 | $7.50 | $0.15 |
| 6 | $4 | $8.50 | $0.10 |
| Period i | Capacity (regular) | Capacity (overtime) | Demand |
| 1 | 90 | 45 | 100 |
| 2 | 100 | 50 | 200 |
| 3 | 120 | 50 | 180 |
| 4 | 120 | 50 | 220 |
| 5 | 110 | 45 | 150 |
| 6 | 90 | 40 | 100 |
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