Examlex
Assembly-line balancing problems involving many distinct products (mixed-model line balancing) are generally easier to solve than single-model balancing problems because there are more alternatives available to assign tasks to workstations.
Transportation Cost
The expenses incurred in moving goods or individuals from one location to another, including fuel, labor, and maintenance.
Plant Capacity
The maximum output level that a manufacturing facility can sustainably maintain within a given period.
Customer Demand
The quantity of products or services that consumers are willing and able to purchase at different price levels.
Objective Function
A mathematical function used in optimization to define the goal of the optimization problem, typically to be maximized or minimized.
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