It costs $12 to make a single unit using regular production and $15 to make a single unit using overtime production.Total overtime production is limited to 500 units for the five month period.The manufacturing plant has a regular production capacity of 250 units per month and 50 units in inventory at the start of the planning period.There is a $5 per unit charge for holding inventory at the end of each month and a limit of 250 units ending inventory for any period.Develop an objective function and constraints to solve this problem.
Definitions:
Technology Addiction
A behavioral disorder characterized by excessive usage of technology devices, leading to significant impairment in daily life.
Social Media
Online platforms that facilitate the creation and sharing of content, ideas, career interests, and other forms of expression via virtual communities and networks.
Metadata
Data that provides information about other data, used to facilitate the understanding, use, and management of data.
Chronological Order
A method of organization in which events or actions are arranged based on the time in which they occurred, from earliest to latest.
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