1. Mullen's Magic Shows is developing a forecast for the number of staff magicians required for the next twelve months. Below is their forecast Month Workdays per month 1 2 3 4 5 6 7 8 9 10 11 12 Demand Forecast (Guests) 850 1260 510 980 770 850 1050 1550 1350 1000 970 680 26 24 20 18 22 23 24 21 23 24 21 13 Last year, in a two-month period (46 days) there were 15 magicians working and 1,800 guests were entertained. This year, there are 10 magicians at the start of the year. a) What is the constant minimum number of magicians required to meet monthly demand? b) For part b) magicians can be hired for three months minimum and then can be terminated at no cost. Assume magicians make $100 per scheduled workday plus $150 per show. Magicians who are hired but do not work are paid $100 per workday. What is the monthly cost of magicians? 1. Mullen's Magic Shows is developing a forecast for the number of staff magicians required for the next twelve months. Below is their forecast Month Workdays per month 1 2 3 4 5 6 7 8 9 10 11 12 Demand Forecast (Guests) 850 1260 510 980 770 850 1050 1550 1350 1000 970 680 26 24 20 18 22 23 24 21 23 24 21 13 Last year, in a two-month period (46 days) there were 15 magicians working and 1,800 guests were entertained. This year, there are 10 magicians at the start of the year. a) What is the constant minimum number of magicians required to meet monthly demand? b) For part b) magicians can be hired for three months minimum and then can be terminated at no cost. Assume magicians make $100 per scheduled workday plus $150 per show. Magicians who are hired but do not work are paid $100 per workday. What is the monthly cost of magicians