Computers and Technology, 25.12.2021 07:40 hanjonez

Suppose that production planning will be done over the next 5 months, where the respective demands are r1 = 2, r2 = 4, r3 = 2, r4 = 2, and r5 = 3. The installation cost is $ 4,000, the Unit production cost is $ 1,000 and unit maintenance cost is $ 300. Use the deterministic periodic review model to determine the optimal production schedule that meets monthly requirements.

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