Ram Roy's firm has developed the following supply, demand, cost, and inventory data. Supply Available Demand Period Regular Time Overtime Subcontract Forecast 1 30 15 40 2 30 15 45 3 40 15 55 Initial inventory Regular-time cost per unit Overtime cost per unit Subcontract cost per unit Carrying cost per unit per month 20 units $100 $160 $200 $4 Assume that the initial inventory has no holding cost in the first period and backorders are not permitted. Allocating production capacity to meet demand at a minimum cost using the transportation method, the total cost is $ (enter your response as a whole number).

Ram Roy's firm has developed the following supply, demand, cost, and inventory data. Supply Available Demand Period Regular Time Overtime Subcontract Forecast 1 30 15 40 2 30 15 45 3 40 15 55 Initial inventory Regular-time cost per unit Overtime cost per unit Subcontract cost per unit Carrying cost per unit per month 20 units $100 $160 $200 $4 Assume that the initial inventory has no holding cost in the first period and backorders are not permitted. Allocating production capacity to meet demand at a minimum cost using the transportation method, the total cost is $ (enter your response as a whole number).

Practical Management Science

6th Edition

ISBN:9781337406659

Author:WINSTON, Wayne L.

Publisher:WINSTON, Wayne L.

Chapter2: Introduction To Spreadsheet Modeling

Section: Chapter Questions

Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...

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Can you assist me with Question 11. Please display the step process. Thank you

Ram Roy's firm has developed the following supply, demand, cost, and inventory data.
Supply Available
Demand
Period Regular Time
Overtime
Subcontract
Forecast
1
30
15
5
40
2
30
15
45
3
40
15
55
Initial inventory
Regular-time cost per unit
Overtime cost per unit
Subcontract cost per unit
Carrying cost per unit per month
20 units
$100
$160
$200
$4
Assume that the initial inventory has no holding cost in the first period and backorders are not permitted.
Allocating production capacity to meet demand at a minimum cost using the transportation method, the total cost is $
(enter your response as a whole number).

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