Demand for Quiggly Pops follows an up-and-down pattern over the four quarters of a year, with peaks in the spring and winter months when special promotions are held. Production is handled by a highly skilled local workforce during a regular 40-hour week (i.e., overtime and subcontracting are not used). The company likes to zero out its inventory at the end of a year so that it can start fresh each January. QP currently uses a level production strategy but would like to evaluate other options. Quarter 1 Demand Forecast 70,000 100,000 50,000 150,000 2 3 4 Beginning workforce Production per employee Hiring cost Firing cost Inventory carrying cost Regular production cost 40 workers 1,250 units per quarter $500 per worker $500 per worker $1 per unit per quarter $10 per unit Create a production plan and calculate the cost of the plan for each strategy listed. Cost a. Level production $ b. Chase demand $ c. Produce 70,000 in period 1, and 100,000 in periods 2 through 4. $ d. Produce 90,000 in periods 1 through 3, and 100,000 in period 4. $ Which plan would you recommend to QP? V can be recommended