Question: Hello, may you answer the mcq's, Clearly show your steps in solution-based questions and justify the qualitative ones. I will rate a thumbs up:) 5.

Hello, may you answer the mcq's, Clearly show your steps in solution-based questions and justify the qualitative ones. I will rate a thumbs up:)Hello, may you answer the mcq's, Clearly show

5. The following information relates to a company's aggregate production planning activities: Quarter Demand Forecast 1 37,500 2 45,000 3 25,000 4 62,500 Beginning Workforce = 125 workers Production per Employee = 500 units per quarter Hiring Cost = $800 per worker Firing Cost = $1,250 per worker Inventory Carrying Cost = $10 per unit per quarter If a chase demand strategy is used, the total hiring and firing costs for the production plan is a. $172,250 b. $178,000 c. $278,250 d. $337,500 e. $378,250 6. A company is developing a linear programming model for its aggregate production plan. If Wt = workforce size for period t, H+ = number of workers hired for period t, and Ft = number of workers fired for period t, then the company's workforce constraint for period 2 is a. W2 = W1 + F2 - H2 b. W2 = H2 - F2 c. W2 = H2-F2-W1 d. W2 = H2 - F2+ W1 e. W2 = H1-F2-W1

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