3. Consider a three period model where regular and overtime production are used. The production capacities for the three periods are as follows.
The Production cost per unit is Rs 5 for regular production and Rs 10 for overtime production. The holding and shortage cost per unit /period are given by Rs 1 and Rs. 2 respectively. The demand units for the three periods are 20, 35 and 15 respectively. Determine the production cost for optimum production plan using transportation algorithm.
4.a) Find the sequence that minimizes the total elapsed time ( in hours ) required to complete the following jobs on three machines M1, M2 and M3 in the order M1 M2 M3.
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