Problem Data for Problems $1-7$ Cost Data Regular time labor cost per hour$$10\mathrm{.}00$ Level Aggregate Plan, Using Inventories and Backorders Overtime labor cost per hour$$15\mathrm{.}00$ Subcontracting cost per unit $($labor only$)$$$84\mathrm{.}00$ Compute Level Production Rate Holding cost per unit period$$10\mathrm{.}00$ Total Demand$34000$ Back$-$order cost per unit period$$20\mathrm{.}00$ Less: Beginning Inventory Hiring cost per employee$$600\mathrm{.}00$ Total Net Demand Firing cost per employee$$450\mathrm{.}00$ Average Demand Per Period $<--$ Production Rate for Level Plan Capacity Data Compute Workforce Needed Beginning workforce $($employees$)280$Units per Employee per Period Beginning inventory $($units$)400$Workers needed Labor standard per unit $($hours$)8$Number to Hire Regular time available per period $($hours$)160$Number to Fire Overtime available per period $($hours$)32$ Subcontracting maximum per period $($units$)1000$Detailed Plan Computations Subcontracting minimum per period $($units$)500$ Period $1$Period $2$Period $3$Period $4$Period $5$Period $6$Totals Demand Data $($units$)$ Demand $($units$)($net of beg. Inventory$)46004300784057006560460033600$ Period $15000$Period production $($units$)0$ Period $24300$Ending Inventory $($units$)0$ Period $37840$Backorders $($units$)0$ Period $45700$ Period $56560$Cost Calculations for Plan A Period $64600$Regular time labor cost Total Number of Periods$6$Inventory holding cost Back order cost Hiring cost Firing cost Total Cost$$0$