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Unformatted text preview: $5.00 $8.00 $4.00 $7.00 Demand (lbs) 50 65 100 70 Monthly ordering capacity lbs) 80 Unit storage cost per month $2.00 (per lb) Unit resale price at the end of Month 4 $6.00 (per lb) Changing cells (variables) Month 1 Month 2 Month 3 Month 4 lbs ordered lbs stored/sold Objective function Net cost to be minimized Constraints Month 1 Month 2 Month 3 Month 4 Lbs available from orders/storage >= >= >= >= Lbs delivered/stored Ordering Capacity constraints and Nonnegativity constraints specified within Solver...
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This note was uploaded on 03/17/2010 for the course IOE 202 taught by Professor Marinaepelman during the Fall '09 term at University of Michigan-Dearborn.
- Fall '09