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November 9, 2021

Case Study

Must answer GMC wants to decide whether to retool the Lyra and Libra plants. In addition, GMC wants to determine its production plan at each plant in the coming year. Based on the previous data, formulate a MILP model for solving GMCs production planningcapacity expansion problem for the coming year.

Spread sheet is needed as well

My inputs will be using the fixed cost and profit margin

My Constraints will be capacity, demand, and retool

My Objective is to find the net profit by using excel and thetools provided.

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