Discuss the below:
Q: James Beerd bakes cheesecakes and Black Forest cakes Currently, there are 500 units of A an During any month, he can bake at most 65 cakes. The costs inventory Management would like at per cake and the demands for cakes, which must be met on each product in inventory at the end of time, are listed in Table. It costs 50 to hold a cheesecake LP to determine the production schedule and 40 to hold a Black Forest cake, in inventory for a total cost incurred in meeting demands month. Formulate an LP to minimize the total cost of meeting the next three months' demands.
TABLE
Item Month 1 Month 2 Month 3
Demand Cost/Cake Demand Cost/Cake Demand Cost/Cake
|
Cheesecake
|
40
|
3.00
|
30
|
3.40
|
20
|
3.80
|
|
Black Forest
|
20
|
2.50
|
30
|
2.80
|
10
|
3.40
|