10 .1 20 The company wishes to determine the economic order quantity for each of the four items such that the total number of orders per 365-day year is at most 150. Formulate the problem as a nonlinear program, and find the optimum solution.

Database System Concepts
7th Edition
ISBN:9780078022159
Author:Abraham Silberschatz Professor, Henry F. Korth, S. Sudarshan
Publisher:Abraham Silberschatz Professor, Henry F. Korth, S. Sudarshan
Chapter1: Introduction
Section: Chapter Questions
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The following data describe four inventory items:
Item i
K, ($)
D; (units per day) h; (S)
1
100
10
.1
2
50
20
.2
90
5
.2
4
20
10
.1
The company wishes to determine the economic order quantity for each of the four
items such that the total number of orders per 365-day year is at most 150. Formulate
the problem as a nonlinear program, and find the optimum solution.
Transcribed Image Text:The following data describe four inventory items: Item i K, ($) D; (units per day) h; (S) 1 100 10 .1 2 50 20 .2 90 5 .2 4 20 10 .1 The company wishes to determine the economic order quantity for each of the four items such that the total number of orders per 365-day year is at most 150. Formulate the problem as a nonlinear program, and find the optimum solution.
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