Answer both

Question 1 14 pts A firm practices a pure chase strategy. Production last quarter was 870. Demand over the next four quarters is estimated to be 955, 945, 1,082, and 1,000. Hiring cost is $21 per unit, and layoff cost is $5 per unit. Over the next year, what will be the hiring cost? Input should be an exact number (for example, 5 or 10). 14 pts Question 2 A firm practices a pure chase strategy. Production last quarter was 1,124. Demand over the next four quarters is estimated to be 868, 960, 1,140, and 1.086. Hiring cost is $15 per unit, and layoff cost is $4 per unit. Over the next year, what will be the firing cost? Input should be an exact number (for example, 5 or 10). Ques Time Running Attempt dur: Apr 53 Minutes, 3