Question: Right now is August 1 , 2 0 2 0 . You would like to construct an aggregate production plan for product PX 2 7

Right now is August 1,2020. You would like to construct an aggregate production plan for product PX27 for the four quarters of 2021. Cost of regular production =65.\$/u. Cost of overtime production =97\$/ mu Inventory holding cost 5\$/u/atr. Cost of increasing regular production =80\$/u. Cost of decreasing regular production =905/u The regular production in Quarter 4 of 2020 is 1,431 u. The inventory a the beginning of Quarter 1 of 2021 is estimated to be 64 u The forecasted demand for the four quarters of 2021 are: 1,065,1,446,1,070, and 1,319 units. You want to use the level production strategy with overtime production . Furthermore , you will keep inventory as low as possible but stockouts ( shortages ) must be avoided . Suppose you keep the quarterly regular production constant at 1,184 units and add overtime production if necessary . You must perform the needed calculation and answer the question shown below . NOTE : Do not use any comma in your answers . dollars The total cost of overtime production is

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