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Unformatted text preview: 18.318 903 7528 8 5962 Total Cost - Constant Workforce Total Constant Plan Hiring - 111 x $500 Firing - $0 Holding – (5962 + 600) x $80 Total Cost = $580460 11 Feasible Production Scheme Lineer Programming Based Lineer Solution Solution Costs Costs Variables Variables Objective Objective Constraints Constraints 12 Example Choose the best production plan. Constant workforce. Aggregate production unit is 14items/day. Inventory cost is $2 per unit per month. 14items/day. per month Single shift production @10/day and double shift @20/day. Every shift change costs $3500, other costs are same. are Produce @10/day and subcontract rest at a premium of $7/unit. $7/unit. (No backorders allowed, any size inventory is available (No at the beginning of the year with the condition that the same amount remains at the end of the year) same 1. Constant Workforce Month 1 2 3 4 5 6 7 8 9 10 11 12 To...
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This document was uploaded on 03/23/2014.

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