Question: Aggregate planning : Please answer all bolded questions and show work! The demand for Medtronic Inc follows an up and down pattern. The quarterly demand

Aggregate planning : Please answer all bolded questions and show work!

Aggregate planning : Please answer all bolded questions and show work! The

The demand for Medtronic Inc follows an up and down pattern. The quarterly demand is forecasted as below for this company: Assume the following information: Beginning workforce =200 workers Production per employee =6,250 units per quarter Hiring cost =$1500 per worker Firing cost =$2000 per worker Inventory carrying cost =$3 per unit per quarter Regular production cost =$5 per unit The company also mandates a 40 hour work week with no overtime or subcontracting. The company started with an inventory of 0 units and would like to end with an inventory of 0 units at the end of the year. 15. Given the above information, what is the cost of Level strategy? 16. Use the above information to calculate the cost of Chase strategy

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