2 Trexoid APP Chase 2 points Trexoid Inc. makes a popular video game console. Demand varies each month, with highest demand coming in the last quarter of the year. Regular production costs are $150 per unit and inventory carrying cost is $2 per unit per quarter. Assume that Trexoid has 14 employees at the end of the previous quarter (called Quarter 0 in the table below), each of whom can produce 5000 units per quarter in regular production. eBook Hiring cost is $7000 per employee and firing cost is $11000 per employee. Trexoid currently has zero inventory on hand, and they would like to have zero inventories at the end of the year. Assume hiring and layoff/firing, if necessary, occur at the beginning of each quarter. Forecast demand is as follows: Print Quarter 1 20000 Quarter 2 30000 Quarter 3 50000 Quarter 4 120000 References a. Given the planning information, develop a production plan based on chase production. Adjust the workforce by hiring or laying off workers. Workers hired at the start of a quarter are able to produce 5000 units in that quarter. Workers laid off at the start of a quarter do not produce any units in that quarter. End each quarter with zero inventory. Fill in the table below. (Leave no cells blank be certain to enter "O" where ever required. Enter values without commas, i.e., if an answer is 10,000, enter 10000) Quarter 0 1 2 3 4 Total Forecasted demand 20000 30000 50000 120000 220000 Regular production Output - Forecasted Demand Beginning Inventory Ending Inventory o Average Inventory Number of workers 14 Number of workers to hire Number of workers to fire b. Determine the cost of the chase production plan. Total cost: $