Phone production company-define decision variables clearly

Reference no: EM13266625

Sahand is a phone production company. It produces 25 types of phones. All phones are similar. In Table-1, forecasts for the phones and the number of working days for the next six months are given. There are currently 27 full time workers and each worker produce 4 phones per day. At the beginning of each month, new full time workers are hired at a cost of 300 TL and existing workers can be fired at a cost of 480 TL. Wages consist the majority of the total cost and workers are paid 100 TL per day including insurance, meal and transportation. In other words, wages may change from one month to another month. All demand must be satisfied on time. Assume that there is no backorders and lost sales. The inventory holding cost is 1 TL per item per month

Write an LP model to minimize total cost.

- Define decision variables clearly

- Write explanations for each constraints

Reference no: EM13266625

Questions Cloud

Consider a sphere with radius r at an initial temperature : Consider a sphere with radius R at an initial temperature Of To At a time t= 0 it starts to produce heat due to electrical dissipation at a constant Volumetric rate So Surface temperature is kept constant at To Deri ve a governing PDE and its related..

In analyzing situation to determine how to act ethically : In analyzing a situation to determine how to act ethically, a business manager should

Deduce somatic chromosome number of each species used : In the plant genus Triticum there are many different polyploid species, as well as diploid species. Crosses were made between three different species, and hybrids were obtained.

Potentially promoting cancer or dominant or recessive : Consider the following mutations and, for each, explain whether you expect it to be: a) potentially promoting cancer, or b) dominant or recessive.

Phone production company-define decision variables clearly : Sahand is a phone production company. It produces 25 types of phones. All phones are similar. In Table-1, forecasts for the phones and the number of working days for the next six months are given. There are currently 27 full time workers and each wor..

Monitor health care marketing effectiveness : What are three types of measures that can be used to monitor health care marketing effectiveness?

Public relations for damage control : How can an organization use public relations for damage control? Use a specific example.

What advertising-publicity and sales promotion tools : What advertising, publicity, and sales promotion tools might be combined to market a new health care product and service? Provide examples

Communicate mission to employees : While mission statements are usually development by senior management and the board of directors, what is the best way to communicate mission to employees?

User Account

All Pages