(Solved) : Manufacturer Provides Specialized Microchips Next 3 Months Sales Costs Available Time Mont Q34968773 . . . .

A manufacturer provides specialized microchips. During the

next 3 months, its sales, costs, and available time are

Month 1 Month 2 Month 3

Chips required 1000 2500 2200
Cost regular time ($/chip) 100 100 120

Cost overtime ($/chip) 110 120 130

Regular operation time (hr) 2400 2400 2400

Overtime (hr) 720 720 720

There are no chips in stock at the beginning of the first month.It takes 1.5 hr of production time to produce a chip and costs $5to store a chip from one month to the next. Determine a productionschedule that meets the demand requirements, does not exceed themonthly production time limitations, and minimizes cost. Note thatno