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Question 1 I The following information relates to a company's aggregate production planning activities: Quarter Demand 1 25000 2. 50000 3 35000 4 60000 = 50 workers = 250 units per quarter Beginning Workforce Production per Employee Hiring Cost Firing Cost Inventory Carrying Cost Production cost per unit = $1000 per worker $1,500 per worker $15 per unit per quarter = $3 If a chase demand strategy is used then determine: a) The number of workers hired at the start of quarter 2. b) The number of workers fired at the start of quarter 3. c) Total hiring and firing cost of the plan. If a level production strategy is used then determine: 1 1 3 + Page d) The required output per quang BI = 50 workers = 250 units per quarter Beginning Workforce Production per Employee Hiring Cost Firing Cost Inventory Carrying Cost Production cost per unit = $1000 per worker = $1,500 per worker = $15 per unit per quarter = $3 If a chase demand strategy is used then determine: a) The number of workers hired at the start of quarter 2. b) The number of workers fired at the start of quarter 3. c) Total hiring and firing cost of the plan. If a level production strategy is used then determine: d) The required output per quarter. e) The inventory at the end of quarter 3. f) The number of workers required. g) Total cost of the plan (hiring cost, firing cost and inventory carrying cost)