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

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 Overtime cost per monitor Subcontract cost monitor Carrying cost per monitor per month $60 $110 $150 $2 per For each of the next 4 months, capacity and demand for flat-screen monitors are as follows: Period Month 3a 1,300 Month 4 2,100 Month 1 Month 2 Demand 2,000 2,600 Capacity Regular time 1,600 1,600 Overtime 500 400 Subcontract 600 600 a Factory closes for 2 weeks of vacation. 650 100 700 1,600 400 600 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)

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