Question: The data below shows the demand ( over time ) for a particular product that has to be manufactured in - house.Week 1 2 3
The data below shows the demand over time for a particular product that has to be manufactured inhouse.WeekDemandSo in week for example demand is forecast to be units. Currently there are units of the product in stock. The lead time between releasing an order to the inhouse shop floor and producing a finished product is one week.Any orders to the shop floor have to be either for or units. The stock holding cost is per unit per week and the cost of placing an order of any size with the shop floor is Formulate the problem of deciding how best to meet customer demand as an integer linear program involving zeroone binary variables.
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