Deb Bishop Health and Beauty Products has developed a new shampoo and you need to develop its aggregate schedule. The cost accounting department has supplied you the cost relevant to the aggregate plan and the marketing department has provided a four-quarter forecast. Click the icon to view the four-quarter forecast. Click the icon to view the costs relevant to the aggregate plan. Your job is to develop an aggregate plan for the next four quarters. a) Try hiring and layoffs (to meet the forecast) as necessary (enter your responses as whole numbers). Hiring and Layoff Plan Quarter 1 2 3 4 Forecast 1,400 1,000 1,700 1,200 Production 1,600 Hire (Units) The total cost, including normal time labor costs, for this hiring and layoffs plan is $ a whole number). Layoff (Units) (enter your response as b) Try a plan that holds employment steady (level strategy) by producing the average forecast for all four quarters (enter your responses as whole numbers). The total cost, including normal time labor costs, for this hiring and layoffs plan is $ a whole number). b) Try a plan that holds employment steady (level strategy) by producing the average forecast for all four quarters (enter your responses as whole numbers). Quarter Forecast Production 1,600 1 2 3 4 1,400 1,000 1,700 1,200 Level Plan Ending Shortage Hire Inventory (Units) (Units) 0 (enter your response as The total cost, including normal time labor costs, for this level plan is $ whole number). c) Which is the more economical plan for Deb Bishop Health and Beauty Products? The more economical plan is the Layoff (Units) (enter your response as a More Info Quarter 1 Print Forecast 1,400 1,000 1,700 1,200 Done - X in. S. er your res lan Hire (Units) More Info Previous quarter's output Beginning inventory Stockout cost for backorders Inventory holding cost Hiring workers Layoff workers Unit cost Overtime Subcontracting Print Costs 1,600 units 0 units $45 per unit $11 per unit for every unit held at the end of the quarter $50 per unit $70 per unit $40 per unit $20 extra per unit Not available Done I X