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 38 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 2,600 Month 3ª 1,500 Month 4 2,200 Demand Capacity 1,600 1,600 400 700 1,600 500 750 200 Regular time Overtime Subcontract *Factory closes for 2 weeks of vacation. 500 600 700 600 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).