Question: This question eams extra credit up to 8pts. The problem requires using the transportation method of linear programming. The product Next question or mat-screen monitors

This question eams extra credit up to 8pts. The

This question eams extra credit up to 8pts. The problem requires using the transportation method of linear programming. The product Next question or mat-screen monitors at Louisiana's Rao Electronics, Inc., in 4 months. Cost deta are as follows: Regular-time cost per monitor Overtime cost per monitor Subcontract cost per monitor Carrying cost per monitor per month $60 $110 $150 $2 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 Demand 2,000 2,500 1,500 2,200 Capacity Regular time 1,600 1,600 750 1,600 Overtime 400 400 200 500 Subcontract 600 600 600 600 "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 $(enter your response as a whole number). $

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!