The production planning period for flat-screen monitors at Louisiana's Rao Electronics, Inc., is 4 months. Cost data are

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The Production Planning Period For Flat Screen Monitors At Louisiana S Rao Electronics Inc Is 4 Months Cost Data Are 1 (27.19 KiB) Viewed 33 times

The production planning period for flat-screen monitors at Louisiana's Rao Electronics, Inc., is 4 months. Cost data are as follows: $70 $110 Regular-time cost per monitor Overtime cost per monitor Subcontract cost per monitor Carrying cost per monitor per month $120 $4 For each of the next 4 months, capacity and demand for flat-screen monitors are as follows: Period Month 1 2,000 Month 2 2,400 Month 3ª 1,300 Month 4 2,200 1,600 650 1,600 Regular time Overtime Subcontract 1,500 400 400 100 500 600 600 600 600 *Factory closes for 2 weeks of vacation. CEO Mohan Rao expects to enter the planning period with 400 monitors in stock. Backordering is not permitted (meaning, for example, that monitors produced in the second month cannot be used in the first month to cover first month's demand). Minimizing total cost using the transportation method, the total cost is $ (enter your response as a whole number). Demand Capacity