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Next Year's Sales Forecast Shows That 20,000 Units of Product

question 186

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Next year's sales forecast shows that 20,000 units of Product A and 22,000 units of Product B are going to be sold for prices of $10 and $12 per unit, respectively. The desired ending inventory of Product A is 20% higher than its beginning inventory of 2,000 units. The beginning inventory of Product B is 2,500 units. The desired ending inventory of Product B is 3,000 units.
-Budgeted production of Product A for the year would be


Definitions:

Discontinuous

Refers to a function or process that exhibits breaks, jumps, or gaps in its domain or range.

Integer Linear Optimization Models

Mathematical models used in operations research that seek to maximize or minimize a linear objective function subject to a set of linear constraints and integer variables.

Nonlinear Optimization Models

Mathematical models dealing with optimization problems where the objective function or any of the constraints are nonlinear.

Integer

A whole number, positive, negative, or zero, without fractions or decimals.

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