PLEASE UTILIZE LEVEL, CHASE, OR MIXED TO CREATE FEASIBLE PLAN

(Problem 4:20 pts.) John Doe, operations manager at Drexel electronics, has the following demand forecasting for one year in his factory: Quarter Demand Q1 10,000 Q2 20,000 Q3 16,000 Q4 4,000 At the beginning of quarter 1, there are 2,000 units in inventory. The firm has prepared the following data: Hiring cost = $200/person Firing cost = $400/person Beginning workforce = 60 employees Inventory carrying cost = $2/unit/quarter Stock out cost = $5/unit/quarter (Max. Stock-out is 1,000 units/quarter) Regular payroll = $1,200/employee/quarter Overtime cost = $7/unit Subcontract cost = $8/unit (lower and upper limits for the subcontracts are 1,000 units and 3,000 units per quarter) Each employee can produce 200 units per quarter. Demand not satisfied in any quarter is lost and incurs a stock-out penalty. Overtime capacity is 50 units per employee per quarter. When you hire workers, you cannot fire them within a year. Develop a feasible plan (level, chase, or mixed) that provides for an inventory of at least 1,000 units but no more than 3,000 units at the end of the year. Use the aggregate planning form attached. AaBbcc Aabecebe ACE Audi A6 AaBbcc Period 2 Total Forecast (F) Output (O) Reg Ovt Sub 0.-F. Inventory Beg End Ave Backlog Costs Output (0) Reg Ort Sub Inventory Fire/Hire Backorder Total Focus BI V DE