DMOR-02-03 - UF-ESI-6314DMOR-02-03.xmcdpage 1 of...

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Unformatted text preview: UF-ESI-6314DMOR-02-03.xmcdpage 1 of 302-03.Model the following problem and display the optimal solution you obtain from Solver. Youdo not need to turn in your Excel files.Minimizethe sum of production andinventory costs in the following problem.Consider the following multiperiod planning problem, similar to what is given in your notes. Wehave six time periods of demands with the production costs and demands given below.Inventory costs us $1 per unit, per period, and there are no limitations on how much inventory wekeep after each period. However, there is one change. If we put items in inventory after period j,we can only sell them in periods j+ 2 and j+ 3 (not in j+ 1 or after j+ 3).This problem implies the following parameter definitions:variables:C= carryingcostper period per unitD= total unitsdemandedper periodI= total unitscarriedper periodP= productioncostper period per unitU= total unitsproducedper periodsubscripts:j= period numberj1 6..:=C1:=Dj2001505030035080:=Pj6891075:=Make guess values for the variables to solve:...
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DMOR-02-03 - UF-ESI-6314DMOR-02-03.xmcdpage 1 of...

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