A company is planning the production of 3 products A, B, and C. In a month production can be active for 22 days. In the following tables are given: maximum demands (units), price ($/unit), production costs (per unit), and production quotas (maximum amount of product that would be produced in a day). Moreover there is a fixed activation cost on the production line and minimum production batch for each of the products. B C Product Maximum Demand A 5300 4500 5400 $124 Selling Price Production Cost Production Quota Activation Cost Minimum Batch $73,3 500 $109 $52,9 450 $115 $65,4 550 $100000 16 $170000 20 $150000 20 Formulate an IP model to determine the production plan for a month to maximize the total income.
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