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Right now is August 1,2023. You would like to construct an aggregate production plan for product PX27 for January 2024 through July 2024. Cost of

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Right now is August 1,2023. You would like to construct an aggregate production plan for product PX27 for January 2024 through July 2024. Cost of regular-time production =79$/u. Cost of overtime production =104$/u. Inventory holding cost =2$/u/mon th . Cost of increasing regular production =24$/u. Cost of decreasing regular production =38$/u. The regular-time production in December 2023 will be 1,942u. The inventory a the end of December 2023 is estimated to be 83u. The forecasted demand (in units) in January 2024 through July 2024 are: 1,575,1,851,2,036,2,282,1,672,1,750,2,000 You want to use the level production strategy with overtime production. Furthermore, you will keep inventory as low as possible but stock-outs must be avoided. Suppose you keep the monthly regular-time production constant at 1,724 units and add overtime production if necessary. You must perform the needed calculation and answer the question shown below. NOTE: Do not use any comma in your answers. The total cost of the above level aggregate production plan is dollars

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