Determining the production schedule that minimizes cost

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A small computer manufacturing company forecasts the demand over the next n months to be di i = 1 2n. In any month it can produce r units, using regular production, at a cost of b dollars per unit. By using overtime, it can produce additional units at c dollars per unit, where c>b. The firm can store units from month to month at a cost of s dollars per unit per month. Formulate the problem of determining the production schedule that minimizes cost.

Reference no: EM131253082

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