Business, 12.08.2020 04:01 SmolBeanPotato

Your task is to design a spreadsheet that provides detailed information on monthly production, inventory, lost sales, and the different cost categories and solve a linear optimization model for minimizing the total cost of meeting demand over the next year. Compare your solution with the level production strategy of producing 9,100 units each month. Interpret the Sensitivity report, and conduct an appropriate study of how the solution will be affected by changing the assumption of the lost sales costs. Summarize all your results in a report to Ms. Burke.

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