a. What is the total cost for this plan? Relevant information includes: Backorder cost per unit Holding cost per unit Number of Workers $10.00 $5.00 Hiring cost per worker 30 $100.00 Layoff cost per worker $200.00 Production time (hours) per unit 2.0 Straight time labor cost per hour $5.00 Overtime labor cost per hour $8.00 Working time (hrs/day) 8.00 Work days per season 60.00 Beginning inventory 500 Aggregate Production Planning Requirements Time Period Forecast Beginning Inventory Production Required (Forecast - Beginning inventory) Production hours required (# units * Production Time per unit) Production hours available (# workers * # hours |per day * # days per season) Overtime hours Temp workers (Production hrs required Production hours available)/(Overtime cost # days per season) rounded up Temp worker hours available Total hours available Actual Production (Production hrs available / Labor hrs required per unit) Ending Inventory (Beginning inventory + Actual production Demand forecast) Workers hired Workers laid off Straight Time (Production hrs available x Straight time labor cost) Overtime Inventory cost Backorder cost Hiring cost Layoff cost Total costs $0 Fall Winter Spring Summer Total Cost