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FULL CALCULATIONS, CORRECT ANSWERS, AND ALL PARTS PLEASE! Do not say You can use a linear programming solver or software to find the optimal solution
FULL CALCULATIONS, CORRECT ANSWERS, AND ALL PARTS PLEASE!
Do not say You can use a linear programming solver or software to find the optimal solution ONLY CORRECT ANSWERS
I need to compare my answers!
that no shortages are allowed. this situation. Let Dj=annualdemandforitemjCj=unitcostofitemjSj=costperorderplacedforitemjwj=spacerequiredforitemjW=themaximumamountofspaceavailableforallgoodsi=inventorycarryingchargeasapercentageofthecostperunit. The decision variables are Qj, the amount of item j to order. The model is Minimizes.t.j=1N[CjDj+QjSjDj+iCj2Qj]j=1NwjQjWQj0. Min[()2,000+Q1(()2,000)+0.30()2Q1+50()+Q2((()2,000)+0.30()2Q2+()1,000+Q3(()21,000)+0.30()2Q3]s.t.[()Q1+()Q2+()Q3]4,000Q1,Q2,Q30 Solve the model. (Round Q1,Q2, and Q1 to three decimal places and total cost (in $ ) to two decimal places.) Q1=Q2=Q3= Total cost =$ is the average amount of inventory). Construct and solve a nonlinear optimization model for the following data. Complete the model
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