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Unformatted text preview: hours in an average quarter. The overtime wage rate is 150% of regular time pay. The demand forecasts for the next four quarters are, respectively,700, 1300, 1100 and 850 units. 1. Formulate an appropriate mathematical model for finding the optimal aggregate plan. At the outset, clearly define all decision variables used in your model, then algebraically construct the objective function and all constraints. 2. Solve your model above using any appropriate software and outline the optimal aggregate plan in a tabular format....
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This note was uploaded on 03/16/2012 for the course OPM 325 taught by Professor Ruodu during the Spring '12 term at Drexel.
- Spring '12