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A company faces the following demands during the next three periods: period 1 , 2 0 units; period 2 , 1 0 units; period 3

A company faces the following demands during the next three periods: period 1,20 units; period 2,10 units; period 3,15 units. The unit production cost during each period isas follows: period 1$13; period 2$14; period 3-$15. A holding cost of $2 per unit is assessed against each period's ending inventory. At the beginning of period 1, the companyhas 5 units on hand. In reality, not all goods produced during a month can be used to meet the current month's demand. To model this fact, we assume that only one half of the goods produced during a period can be used to meet the current period's de- mands. Formulate an LP to minimize the cost of meetingthe demand for the next three periods. (Hint: Constraintssuch as i,= x,+5-20 are certainly needed. Unlike ourexample, however, the constraint i,0 will not ensure

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