King Edward, Inc., publishes textbooks for the college market. The demand for college textbooks is high during the beginning of each semester and then tapers off during the semester. The unavailability of books can cause a professor to switch adoptions, but the cost of storing books and their rapid obsolescence must also be considered. Given the demand and cost factors shown here, use the transportation method to design an aggregate production plan for King Edward that will economically meet demand. What is the cost of the production plan? (Use linear programme, pure level and pure chase to solve).

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Regular capacity per quarter Overtime capacity per quarter Hiring cost Firing cost Subcontracting capacity per quarter Regular production rate Overtime wage rate Subcontracting cost Holding cost No beginning inventory 10,000 books 5,000 books $200 per worker $300 per worker 10,000 books $20 per book $30 per book $35 per book $2.00 per book