You are the owner of a company which produces shoes what is


You are the owner of a company which produces shoes. This is a seasonal business, but year to year, the demand patterns are stable. Due to your equipment constraints, the total number shoes you can produce in a season is limited to 1,500 pairs. You can, however, keep an inventory of shoes at a holding cost of $0.20 per pair per season. The demand in each season is as follows: 2700, 400, 200, 950. What is the best production plan that you can devise?

Request for Solution File

Ask an Expert for Answer!!
Operation Management: You are the owner of a company which produces shoes what is
Reference No:- TGS02881268

Expected delivery within 24 Hours