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Suppose that inventory at the beginning of month 1 is zero. A) Please formulate a shortest path problem to help the company minimize the total
Suppose that inventory at the beginning of month 1 is zero.
A) Please formulate a shortest path problem to help the company minimize the total cost while meeting demand.
B) please use the dijkstra's algorithm to find the optimal solution and optimal value.
Month | 1 | 2 | 3 | 4 | 5 | 6 |
Demand (units) | 10 | 40 | 20 | 5 | 5 | 15 |
Setup cost ($) | 50 | 50 | 50 | 50 | 50 | 50 |
Production cost ($/unit) | 1 | 3 | 3 | 1 | 1 | 1 |
Holding cost | 2 | 2 | 2 | 2 | 2 | 2 |
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