Question: Question 5 11 pts A firm practices a pure level strategy that sets the production level at the average demand over the next four periods.

Question 5 11 pts A firm practices a pure level strategy that sets the production level at the average demand over the next four periods. Inventory last quarter was 0. The extra units produced are stored in a warehouse. The extra units needed are subcontracted. Demand over the next four quarters is estimated to be 1,097, 1,069, 1.112 and 806. Production cost is $21 per unit, and Inventory cost is $4 per unit. What is the production cost at this form? Input should be an exact number (for example, 5 or 10)

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