product in Jan, Feb, Mar and Apr D1, D2, D3, D4 as the decrease of product in Jan, Feb, Mar and Apr The objective function: minimize total costs consist of the following 3 Minimize P1x3000+P2x3300+P3x3600+P4x3600+(300+2xI1+2xI2+2xI3+I4) x 255/2+ (U1+U2+U3+U4)x110+(D1+D2+D3+D4)x90 1. Production costs: P1x3000+P2x3300+P3x3600+P4x3600 2. Inventory cost based on average inventory: (300+2xI1+2xI2+2xI3+I4) x 255/2 3. Hiring and firing cost: (U1+U2+U3+U4)x110+(D1+D2+D3+D4)x90 The objective…
Words 1232 - Pages 5