Question: i got the wrong answer (627,100) please help The production planning period for flat-screen monitors at Louisiana's Rao Electronics, Inc., is 4 months. Cost data
i got the wrong answer (627,100) please help
The production planning period for flat-screen monitors at Louisiana's Rao Electronics, Inc., is 4 months. Cost data are as follows: $60 Regular-time cost per monitor Overtime cost per monitor Subcontract cost per monitor Carrying cost per monitor per month $110 $150 $4 For each of the next 4 months, capacity and demand for flat-screen monitors are as follows: Period Month 1 Month 2 Month 3 Month 4 2,200 Demand 2,000 2,600 1,400 Capacity 1,600 1,600 650 1,700 Regular time Overtime 500 400 200 400 700 600 600 Subcontract 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 $627,100 (enter your response as a whole number).
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