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A local firm manufactures childrens toys. The projected demand over the next four months for one
particular model of toy robot is
Assume that a normal workday is eight hours. Hiring costs are $400 per worker and firing costs
(including severance pay) are $900 per worker. Holding costs are $4.50 per aggregate unit held
per month. Assume that it requires an average of 1 hour and 45 minutes for one worker to
assemble one toy. Shortages are not permitted. Assume that the ending inventory for June was
650 of these toys and the manager wishes to have at least 700 units on hand at the end of
October. Assume that the current workforce level is 30 workers. Find the optimal plan by
formulating as a linear program.
Month Workdays
Forecasted Demand(in
aggregate units)
July 24 3625
August 18 7145
September 20 2790
October 22 4540

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A local firm manufactures childrens toys The projected dem.pdf

  • 1. A local firm manufactures childrens toys. The projected demand over the next four months for one particular model of toy robot is Assume that a normal workday is eight hours. Hiring costs are $400 per worker and firing costs (including severance pay) are $900 per worker. Holding costs are $4.50 per aggregate unit held per month. Assume that it requires an average of 1 hour and 45 minutes for one worker to assemble one toy. Shortages are not permitted. Assume that the ending inventory for June was 650 of these toys and the manager wishes to have at least 700 units on hand at the end of October. Assume that the current workforce level is 30 workers. Find the optimal plan by formulating as a linear program. Month Workdays Forecasted Demand(in aggregate units) July 24 3625 August 18 7145 September 20 2790 October 22 4540