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A car and truck manufacturing plant wishes to prepare a production plan for the next two months so that all demand requirements are met at
A car and truck manufacturing plant wishes to prepare a production plan for the next two months so that all demand requirements are met at minimal cost. There is a limited stock of steel needed for production and at the end of each month a stock of unsold vehicles can be left. The data are detailed in the tables below: 1:Amount of steel required for production (ton/unit) Trucks 1.8 Cars 1.1 2:production costs($/unit) Month 1 Month 2 Trucks 10,000 11,000 Cars 8,000 7,000 3: Inventory holding costs($/unit) Month 1 month 2 Trucks 100 120 cars 120 120 4: demand (units) Month 1 Month 2 trucks 450 350 cars 400 550 inventory for steel (tons) Month 1 Month 2 2,000 2,800... Formulate the problem as a linear programming_problem in order to minimize costs and answer the following questions using Lindo
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