Josie Gall's firm has develped the following supply, demand, cost and inventory data. Allocate production capacity to meet demand at a minimum cost using the transportation method. Assume that the initial inventory has no holding cost in the first period and backorders are not permitted Period Subcontr Demand Forecast Reg time OT 1 30 10 5 30 2 35 12 5 25 3 30 10 5 35 Initial inventory 50 units. Regular time cost/unit 50 overtime cost/unit 100 Sub contract cost/unit 150 3 Carrying cost/unit/month What is the final cost? (Put in whole numbers. If your answer is $7,204 put 7204) Answer: