Formulate and solve an integer optimization model to determine the best monthly production schedule to meet delivery contracts and minimize total costs.

Premier Paints supplies to major contractors. One of their contracts for a specialty paint requires them to supply 750, 500, 400, and 950 gallons over the next 4 months. To produce this paint requires a shutdown and cleaning of one of their manufacturing departments at a cost of $1,000. The entire contract requirement can be produced during the first month in one production run; however, the inventory that must be held until delivery costs $0.75 per gallon per month. If the paint is produced in other months, then the cleaning costs are incurred during each month of production. Formulate and solve an integer optimization model to determine the best monthly production schedule to meet delivery contracts and minimize total costs.


 

. .

.

The post Formulate and solve an integer optimization model to determine the best monthly production schedule to meet delivery contracts and minimize total costs. appeared first on Perfect Nursing Tutors.

 

"Place this order or a similar order with Perfect Nursing Tutors and get an amazing discount"

Testimonials

James USA
James USACambridge University
“After I ordered a dissertation from your writing service, the first paper that I was given did not met my professor’s demand. I set the paper on revision and the writer made the revision for free meeting all my requirements and I was very satisfied. My teacher also approved my work. I would recommend students
David UK
David UKBriston
“After attending my brother’s wedding, I had only very little time to complete my paper. I was so worried because I knew that I could not bit the deadline. However, I was shocked by how your writers managed to deliver my paper on time, and I was among the best in our class in that paper. Thank you so much and I will never hesitate to use your