Question: I do not understand how to do the level production strategy compared to the chase demand strategy . Please help!! This is a practice problem

I do not understand how to do the level production strategy compared to the chase demand strategy. Please help!!

This is a practice problem from my online textbook!!!

to the chase demand strategy. Please help!!This is a practice problem from

Level Production Strategy: Quarter Demand Forecast |liluarluerly Production Workers Needed Workers Hired Workers Fired Hiring Cost Firing Cost Beginning Inventory Ending Inventory Average Inventory Inventory Holding Cost nun- main-mim- 4600 ____ ____ ____ ____ ____ ____ ____ ____ ____ ____ ____ ____ Total Cost Using Level Production Strategy: 3; Use the following demand forecast for the next four quarters, construct a chase demand aggregate plan and a level production aggregate plan and determine the cost of each plan. Currently there are 10 employees and each employee can produce 200 units per quarter. It costs $500 to hire a new employee and it costs $750 to re an employee. It costs $1 to store a unit in inventory for one quarter. -nn- mmlmmm-

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