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Sheepwool has a monthly production capacity of 250 cases. They currently have 30 cases of basketballs in inventory, and have enough capacity to store up
Sheepwool has a monthly production capacity of 250 cases. They currently have 30 cases of basketballs in inventory, and have enough capacity to store up to 80 cases. The holding cost of keeping a basketball in inventory for a month is estimated to be 5% of the cost of producing in that month. Sheepwool wants to meet the demand each month at minimum cost. Formulate this problem as an LP
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