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Question 1: Given the Information in the following table you are required to calculate i) Level Strategy with average production per day. ii) Chase strategy for the production. Months May June July Aug Sep Oct Nov Dec Demand X350 X590 X100 X200 X400 X850 X550 X300 (Relace Each X with the one digit of your SAP ID in sequence. For SAP ID 71036452 the demand would be as fowling) 0100 3200 6400 4850 5550 2300 7350 1590 Additional Information: Stock cost $200 per unit, Hiring Cost $2000 per 100 units Production in April was exactly as in May Holding cost $30 per unit Layoff Cost $1500 per 100 units (10+10 Marks) Question 1: Given the Information in the following table you are required to calculate i) 11) Months Demand Level Strategy with average production per month Chase strategy for the production May July Aug Sep 7350 590 100 7200 5400 June Oct Dec Nov 9550 1850 6300 6400 4850 5550 2300 7350 1590 0100 3200 Additional Information: Stock cost $200 per unit, Hiring Cost $2000 per 100 units Production in April was exactly as in May Holding cost $30 per unit Layoff Cost $1500 per 100 units