Question: Please show how to answer this in an excel spreadsheet. Thank you. Ram Roy's firm has developed the following supply, demand, cost, and inventory data.

Please show how to answer this in an excel spreadsheet. Thank you.

Ram Roy's firm has developed the following supply, demand, cost, and inventory data. Supply Available Period 1 Regular Time 40 35 30 Overtime 15 15 20 Subcontract 15 15 15 Demand Forecast 40 60 2 3 50 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 $250 $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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