Parameter

Value

Parameter

Value

3

Transportation cost per kilometer per Kg ($)

0.001

Number of products

3

Holding cost per period ($/kg)

3

Fixed costs ($)

50,000

Capacity of each supplier (Kg)

12,000

Factory capacity in hours (hrs)

12,000

Supplier batch size

10

Weight of products 1, 2, 3 (Kg)

1, 2, 3

Factory Batch size

1

Price of Products 1, 2, 3

100, 150, 200

Machining time of products 1, 2, 3 (hrs)

1, 2, 3

Material Cost ($/kg)

10

Capacity of Raw Material Store (Kg)

10,000

Manufacturing Cost ($/hr)

10

Capacity of Factory Store (Kg)

2000