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Is it possible to turn the equation from a general form to a reasonable numbers to perform the problem and can be solved on Excel
Is it possible to turn the equation from a general form to a reasonable numbers to perform the problem and can be solved on Excel
Decision Variables: Let x[i,t] represent the quantity of product i produced in period t. Let y[i,t] be a binary variable indicating whether product i is produced in period t. Objective Function: Minimize the total production cost: minimize(i,t)(c[i]]x[i,t]) Subject to: Demand constraint: (t)x[i,t]=d[i] for all products i. Production time constraint: (i)(p[i]x[i,t])=0 for all i and t. Binary constraint: y[i,t]{0,1} for all i and t. Linking constraint: x[i,t]Step by Step Solution
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