please answer this, and show how you got the numbers.

ZOOM + . ACT 2 Crantley makes crates. They currently have 50 units in inventory and would like to reduce this to 25 over the next six months. The Production Department employs 20 workers and hires or lays them off as needed. Each one can be expected to produce 25 crates each month. Carrying costs for each crate in inventory is $5 each month. The HR department reports that the cost of hiring or laying off an employee is $100. The demand forecast for the next 6 months is on the charts below. Using the information just presented and the charts below construct a Level Production Plan and a Chase Production Plan. Some ideas to ponder HR can only Hire and Fire a whole person. Negative inventory means you have a backlog, some customer will not receive an order on time. The carrying cost of negative inventory is $0.00. There is no dollar cost for a backlog Level strategy - p32 Total production =Forecast + Back Order +End Inventory-Opening inventory Chase strategy - p33 First period Production = Forecast-(Opening inventory - End Inventory)} FILL IN THE BLANK BOXES Task 1: Develop a Level Production Plan Level production plan Month * 2 TOTAL Demand 750 1000 850 700 Production Inventory N/A Inventory Cost Workers Needed N/A Workers +/- N/A HR costs $ 3 4 1 600 6 5 750 $ Task 2: Develop a Chase Plan 5 Chase Production Plan 3 4 1000 850 1 600 TOTAL 2 750 6 700 750 N/A Month Demand Production Inventory Inventory Cost Workers Workers +/ HR costs N/A N/A w