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Consider a production system over n periods. At the beginning of each period t , a decision must be made as to how many items
Consider a production system over periods. At the beginning of each period a decision must be made as to how
many items to produce, during that period. Let be the demand in period Demand in every period must be
met. Let and be respectively the production setup and per unit cost in period Let be the per unit storage
cost in period charged on the endofperiod inventory Let and be respectively the production capacity
and storage capacity. Assume zero beginning inventory in period and zero ending inventory in period Find the
production strategy that minimizes the total production and storage cost for the following data.
Im trying to solve this by hand with out excel or any other program
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