Question
The table below shows the demands for the X product in the next 4 months. Production preparation cost per month, production cost per unit and
The table below shows the demands for the X product in the next 4 months. Production preparation cost per month, production cost per unit and one-period inventory costs are given for each month. The production capacity of the company is maximum 4 units per month and the capacity of the stock area is maximum 3 units. Calculate the most appropriate production quantities and total cost to be produced in each period using the backward calculation method of dynamic programming.
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Total Quality Auditing
Authors: Amanda Jo Erven
1st Edition
1733784306, 978-1733784306
