Question: This question earns extra credit up to 8pts. The problem requires using the transportation method of linear programming. The production planning period for flat-screen monitors

This question earns extra credit up to 8pts. The problem requires using the transportation method of linear programming. The production planning period for flat-screen monitors at Louisiana's Rao Electronics, Inc., is 4 months. Cost data are as follows:

Regular-time cost per monitor

$70

Overtime cost per monitor

$110

Subcontract cost per monitor

$120

Carrying cost per monitor per month

$4

For each of the next 4 months, capacity and demand for flat-screen monitors are as follows:

Period

Month 1

Month 2

Month 3a

Month 4

Demand

2,000

2,700

1,500

2,200

Capacity

Regular time

1,600

1,600

750

1,600

Overtime

500

500

200

500

Subcontract

700

600

700

600

aFactory 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 here

(enter your response as a whole number).

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