Please Answer the Question Below :

PT XYZ needs a proper Sales and operations planning to help firms provide better customer service, lower inventory, shorten customer lead times, stabilize production rates, and give top management a handle on the business. There will be a series of meetings, finishing with a high-level meeting where key intermediate-term decisions are made. Aggregate Production planning to translates annual and quarterly business plans into broad labor and output plans for the intermediate term is needed.

Here is the Aggregate Production Planning Requirements

Here is the Aggregate Production Planning Requirements January February March April May June Demand Forecast 80,000 80,000 64,000 100,000 40,000 80,000 Beginning inventory 5,000 10,000 15,000 20,000 5,000 New Workers hired 10 20 30 Workers laid off 20 20 Unit Overtime 5,000 8,000 9,000 10,000PT XYZ needs a propd Sales and operations planning to help firms provide better customer se'vice, lower inventory, shorten customer lead times, stabilize production rates, and give top management a handle on the business. There will be a series of meetings, nishing with a hi gh- level meeting where key intermediate-term decisions are made. Agregate Production planning to translates annual and quartaly business plans into broad labor and output plans for the immediate term is needed. Here is the Aggregate Production Planning Requirements January February March April May June Demand Forecast 30,000 30,000 54,000 100,000 40,000 90,000 Beginning inventory - 5,000 10,000 15,000 20,000 5,000 New Workers hired - - 10 20 30 Workers laid off - - 20 - 20 Unit Overtime 5,000 8,000 9,000 10,000 Assumption used: Hiring cost is $2 50 per workers Effort per unit is 6 hr r'unit for production hours required Working hours per day is 3 hr Layoff cost is $4 per workers Safety Stock is 15% from Demand Forecast Straight time cost is $5 x Production hours required Current available workers are 30 peoples, and it can be reduced to ll] during low demand seasons. Shortage cost is $5 Inventory cost per unit excess is $2 Subcontract cost per unit is $10 Question: There are 4 types of production planning strategies as follows. You are required to recommend PT XYZ for which types is the most suitable for company and explain why. 1. Produce to exact monthly production requirements by varying workforce size 2. Produce to meet expected average demand by maintaining a constant workforce 3. Produce to meet the minimum expected demand using a constant workforce and subcontract to meet additional requirements 4. Produce to meet expected demand for all but the rst No months using a constant workforce and use overtime to meet additional output requirements