TABLE OF CONTENTSREQUIREMENTS......................................................................................................................................................................................31. Developing a LP model for the problem given...................................................................................................................................32...............................................................................................................................................................................................................33. Giving recommendations to the CEO of company..............................................................................................................................6
REQUIREMENTS 1. Developing a LP model for the problem givenLinear programming model: B18 + C18 + D18 + E18B19+ C19 + D19 + E19B24 + C24+ D24 + E24Decision variables: Number of workers hired and fired (monthly value)Number of shoes produced Overtime hours usedObjective: Reduction of total cost Min = $F$50Constraints: $B$18:$E$18 = integer $B$18:$E$18 = integer $B$24:$E$24 <= 3520$B$32:$E$32 <= 10560
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