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I attached my project, and my responses. I now need help identifying if this is the correct model to use for this problem.

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I attached my project, and my responses. I now need help identifying if this is the correct model to use for this problem.
Answered Same Day Oct 09, 2021

Solution

Himanshu answered on Oct 14 2021
145 Votes
Sheet1 (4)
     M/s STEELCO                                                                                                Computaion of Profit
     Weekly Production Planning                                                                                     (In MT)
    Weeks    Beginning Inventory            Production            Total Production    Demand            Total Demand     Ending Inventory            Total Inventory    Backorder            Prod-(E.I. - B.I.) + Backorders            Total Production (MT)        Week    Revenue($)            Steel cost($)    Inventory Ca
ying cost($)            Back Order cost($)            Profit Product wise            Total Profit($)
        Nail     Reba
    I-Beam    Nail    Reba
    I-Beam        Nail    Reba
    I-Beam        Nail    Reba
    I-Beam        Nail     Reba
    I-Beam    Nail    Reba
    I-Beam                Nail    Reba
    I-Beam        Nail    Reba
    I-Beam    Nail    Reba
    I-Beam    Nail    Reba
    I-Beam
    1    - 0    - 0    - 0    - 0    230    270    500    10    240    270    520    - 0    - 0    - 0    - 0    10    10    - 0    10    240    270    500        Price/ton    1000    750    1500    500    40    40    40    100    300    1000
    2    - 0    - 0    - 0    20    40    440    500    10    30    240    280    - 0    - 0    200    200    - 0    - 0    - 0    20    40    240    500        1    - 0    172500    405000    250000    - 0    - 0    - 0    1000    3000    - 0    (1,000)    54,500    270,000    323,500.00        647.00
    3    - 0    - 0    200    70    90    340    500    70    90    310    470    - 0    - 0    230    230    - 0    - 0    - 0    70    90    310    500        2    20000    30000    660000    250000    - 0    - 0    8,000    - 0    - 0    - 0    10,000    10,000    432,000    452,000.00        904.00
    4    - 0    - 0    230    140    80    280    500    140    80    160    380    - 0    - 0    350    350    - 0    - 0    - 0    140    80    160    500        3    70000    67500    510000    250000    - 0    - 0    9,200    - 0    - 0    - 0    35,000    22,500    330,800    388,300.00        776.60
    5    - 0    - 0    350    200    230    70    500    200    140    360    700    - 0    90    60    150    - 0    - 0    - 0    200    140    360    500        4    140000    60000    420000    250000    - 0    - 0    14,000    - 0    - 0    - 0    70,000    20,000    266,000    356,000.00        712.00
    6    - 0    90    60    190    - 0    310    500    200    90    370    660    - 0    - 0    0    0    10    - 0    - 0    200    90    370    500        5    200000    172500    105000    250000    - 0    3,600    2,400    - 0    - 0    - 0    100,000    53,900    67,600    221,500.00        443.00
    7    - 0    - 0    0    110    90    300    500    100    90    200    390    - 0    - 0    100    100    0    0    - 0    110    90    200    500        6    190000    0    465000    250000    - 0    - 0    - 0    1000    - 0    - 0    94,000    - 0    310,000    404,000.00        808.00
    8    - 0    - 0    100    170    100    230    500    170    100    310    580    - 0    - 0    20    20    0    0    - 0    170    100    310    500        7    110000    67500    450000    250000    - 0    - 0    4,000    0    0    - 0    55,000    22,500    296,000    373,500.00        747.00
        - 0    - 0    - 0    900    860    2240    4000    900    860    2220    3980    - 0    - 0    20    20    0    0    - 0                4000        8    170000    75000    345000    250000    - 0    - 0    800    0    0    - 0    85,000    25,000    229,200    339,200.00        678.40
                                                                                                        900,000    645,000    3,360,000    2,000,000    - 0    3,600    38,400    2,000    3,000    - 0    448,000    208,400    2,201,600    2,858,000.00
                                                                                                                                                497.78    242.33    982.86
                                                                                                                4,905,000                42,000            5,000                2,858,000.00
                                                                                                                5,282,500                91,600            185,000.00                3,005,900.00
                                                                                                                (377,500)                49,600            180,000                2500000
                                                                                                                                            (147,900)                147,900.00
                                                                                                                                                            14.32%
Sheet1 (3)
     M/s STEELCO                                                                                                Computaion of Profit
     Weekly Production Planning                                                                                     (In MT)
    Weeks    Beginning Inventory            Production            Total Production    Demand            Total...
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