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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. What is the lowest cost production plan if the forecast must be met with a zero ending inventory each month?
Law
A system of rules that are created and enforced through social or governmental institutions to regulate behavior.
Nuclear Changes
Transformations at the atomic level, including reactions in nuclear power generation and atomic bombs, which can alter the composition of atomic nuclei.
Conservation
The preservation, protection, or restoration of the natural environment, natural ecosystems, vegetation, and wildlife.
Nuclear Fission
A nuclear reaction in which the nucleus of an atom splits into smaller parts, releasing a large amount of energy.
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