Indices used

T

Set of time periods.

t

Particular time period such that $t\in T$ .

I

Set of products to be produced.

i

Particular product such that $i\in I$ .

Constants

$C{P}_{it}$

Unit cost of producing i in the period t.

$C{S}_{it}$

Unit cost of setup for the item i in the period t.

$CIN{V}_{it}$

Unit cost of holding inventory of item i for period 1.

$CB{O}_{it}$

Unit cost of backordering item i demanded during the period t.

$CA{P}_{it}$

Capacity available to produce item i during the period t.