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The personnel department of the A &M Corporation wants to know how many workers will be needed each month for the next 4 month
The personnel department of the A&M Corporation wants to know how many workers will be needed each month for the next month production period. The demands would be in months July, August, September, October. The inventory on hand at the end of June was units. The company wants to maintain a minimum inventory of units each month. Each unit requires employee hours. There are working days each month, and each employee works an hour day. The workforce at the end of June was workers. The workers can also work overtime, but overtime cannot exceed of the regular time in each month. Overtime costs an additional $ per unit produced. Hiring costs $ per employee, firing costs $ per employee, payroll costs $ per employee per month, and inventory holding cost is $ Formulate the problem as an LP
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