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Ram? Roy's firm has developed the following? supply, demand,? cost, and inventory data:
PERIOD REGULAR TIME OVERTIME SUBCONTRACT DEMAND FORECAST
1 30 15 10 50
2 35 15 10 50
3 40 20 10 60
INITIAL INVENTORY : 30 UNITS
REGULAR TIME COST PER UNIT: $100
OVER-TIME COST PER UNIT: $160
SUBCONTRACT COST PER UNIT: $250
CARRYING COST PER UNIT PER MONTH: $6
Assume that the initial inventory has no holding cost in the first period and backorders are not permitted.
Allocating production capacity to meet demand at a minimum cost using the transportation? method, the total cost is ? ?(enter your response as a whole? number).
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