Assignment 5-Aggregate Planning Question 1 Prepare TWO (2) strategies in aggregate planning and compute their total costs: (a) Use a mixed strategy: Jan - March use level production strategy with Sub-contracting and OT as needed. While April-June use chase demand strategy. (2 marks] Feb March Apr May June 4,000 8.000 6.000 2,000 8,000 2,000 Jan Current workforce Production per worker Inventory holding cost Regular production cost Overtime production cost Sub-contracting (SC) cost Hining cost Firing cost Beginning inventory 10 workers 200 units per unit $0.30 per unit per month $20.00 per un $30.00 per unit $40.00 per un $1,200 per worker $2.400 per worker 3000 units Mth Regular Production Ending Demand Overtime Sic H Workers F Inventory Jan 4,000 Feb 8,000 March 6,000 Apr 2,000 May 8,000 June 2,000 Total 30,000 Total Cost