(Note: This problem is similar to exercise 19 in section 6.3 (page 293) of your textbook.)Find the production schedule for the technology matrix and demand vector given below:A =X =0.3 0.1 000.1 00.20.4 0###2D= =965

Answered: Find the production schedule for the…

Advanced Engineering Mathematics

10th Edition

ISBN:9780470458365

Author:Erwin Kreyszig

Publisher:Erwin Kreyszig

Chapter2: Second-order Linear Odes

Section: Chapter Questions

Problem 1RQ

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Replace the March demand forecast 510 by C. During a 46-day period when there were 120 workers, the firm produced 1,700,000 cookies. Assume that there are 100 workers employed, and C cookies in inventory at the beginning of month 1 (January). Further assume that the inventory carrying cost cI = $0.10/cookie/month, employee hiring cost cH = $100/work, and cost of firing one worker cF = $200/worker. It is required that the inventory level at the end of month 12 (December) is 2C. use the Constant workforce plan (level strategy): Find the minimum constant workforce needed to meet all monthly demands (i.e, back order not allowed). Computer the total cost including employee hiring or firing cost (which occurs only at the beginning of month 1), and inventory carrying cost.

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Find the production schedule for the technology matrix and demand vector given below: A = X= 0.3 0.1 0 0 0.1 0 0.2 0.4 0 D = 9 5