Suppose we wish to set up a production plan for the JC Company for the next six months. We are given the following information: Jan Feb March April May June 22 19 21 21 22 20 2000 1800 1200 1100 1100 1400 0 30 5 25% of the demand forecast Number of working days Demand forecast Beginning Inventory Workforce size Labor hours required per unit: Safety stock: Straight-time cost per hour (first 8 hrs) $3,00 Overtime cost per hour $5,00 Inventory holding cost (unit/month) $1,00 JC Company is planning to produce using a constant workforce (given above) on regular time and they will use overtime to meet additional output requirements. Calculate the total cost of this plan.