Question: Centipede has asked you to develop a chase plan for production of its earth moving equipment. Below is the beginning inventory, forecasted monthly demand, and

Centipede has asked you to develop a chase plan for production of its earth moving equipment. Below is the beginning inventory, forecasted monthly demand, and relevant work information. Determine the total hire/fire costs and the number of workers employed at the end of October. The ending inventory for October should be zero. Month July August September October Demand 3,3003,0002,5502,400 Beginning inventory 1,200 Hire Cost $50 per worker Fire Cost $100 per worker Production Rate 15 units per month per worker Starting work force 200 workers

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