Question: A firm practices a pure chase strategy. Production last quarter was 960. Demand over the next four quarters is estimated to be 846, 1,105,1,043, and

A firm practices a pure chase strategy. Production last quarter was 960. Demand over the next four quarters is estimated to be 846, 1,105,1,043, and 1,064. Hiring cost is $20 per unit, and layoff cost is $7 per unit. Over the next year what will be the firing cost? Input should be an exact number (for example, 5 or 10). A firm practices a pure chase strategy. Production last quarter was 1,169. Demand over the next four quarters is estimated to be 1.092,983,982 and 946. Hiring cost is $24 per unit, and layoff cost is $6 per unit. Over the next year, what will be the sum of hiring and firing costs? Input should be an exact number (for example, 5 or 10)

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