Question: not by excel please Table 9.7 Quarter Forecast 1 190 2 560 3 540 4 440 Hiring Cost $100 per worker Firing Cost $175 per

not by excel please Table 9.7 Quarter Forecast 1 not by excel please

Table 9.7 Quarter Forecast 1 190 2 560 3 540 4 440 Hiring Cost $100 per worker Firing Cost $175 per worker Regular Production Cost $ 10 per unit Overtime Production Cost $ 15 per unit Inventory Carrying Cost $ 3 per unit Production Per Employee 20 units/qtr Beginning Work Force 20 workers 7.ABC Company is in the process of developing a production plan for the next four quarters. The company is considering two plans that are detailed below. There are currently 30 units in inventory. Using the data in Table 9.7, a) Prepare a production plan using level production, inventory, and overtime when necessary. Calculate the total cost of the production plan. b) Prepare a production plan using chase demand strategy and calculate the total cost. Note: beginning inventory of 30 units

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