Question: This is the table from problem 3 5 on page 1 7 6 : New March Demand Forecast = C - value = 6 2
This is the table from problem on page :
New March Demand Forecast value
Cvalue
Case : 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.
Repeat assuming backlog is allowed at a cost of cP $cookiemonth
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