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Question 21 [2 points) Using the College Tutoring Business data answer the following question: if you implemented a pure chase strategy [i.e. no overtime}, what would be the total cost of hiring? Question 22 [2 points) Using the College Tutoring Business data answer the following question: if you decide to keep 10 tutors on payroll and not allow any overtime, how much total profit would you expect? 0 $ 19,200 0 $ 16,000 0 $ 4,800 0 $ 3,200 Answer problems 18-22 using this data: You are running a college tutoring husiness. The forecast of aggregate demand. for bite-ring hours for the next four months is given below. You charge $20 Per hour to your students and Pay $1.0th to your tutors. Each tutor works 40 hoursfmonth. The 1Err-sly to keep your tutors is to pay them for 41} hours regardless of hour many hours they have tutored. You currently have 6 tutors working for you. If needed tutors can do 20 h.rs_.-"month of overtime and get paid filifhr for it. Contineing neur- people to tutor for you gets harder towards the end of the semester and you start offering them sign- up bonuses. To hire a new tutor costs you nothing-in the rst month, and $50, $1130, $201}, in February, l-Lsroh, sndApr, respectively: To let a tutor go does not no st you any money