Tots Toys Company is trying to schedule production of two very popular toys for the next three months: a rocking horse and a scooter.Information about both toys is given below. 
Develop a model that would tell the company how many of each toy to produce during each month.You are to minimize total cost.Inventory cost will be levied on any items in inventory on June 30,July 31,or August 31 after demand for the month has been satisfied.Your model should make use of the relationship:
Beginning inventory + Production − Demand = Ending inventory
for each month.The company wants to end the summer with 150 rocking horses and 60 scooters as beginning inventory for September 1.Don't forget to define your decision variables.
Definitions:
Accumulated Depreciation
It represents the total amount of depreciation expense that has been recorded for an asset over its life.
Intangible Assets
Non-physical assets owned by a business, such as patents, trademarks, and copyrights.
Physical Substance
The tangible aspect of assets, implying that they have a real, palpable presence.
Return On Assets
ROA, also known as Return on Assets, quantifies the efficiency with which a company uses its assets to generate net income, serving as an indicator of managerial effectiveness.
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