Produce at a constant 'average' rate. Evaluate this plan if: - Cost of production is $25/ unit - Stockout cost of lost sale is $50 per unit. - Inventory holding cost is $20/ unit/ month. - Cost of increasing units is $50 per unit and - Cost of decreasing units is $75. The previous month's production was 100 units. \#1(b): Chase Strategy For the given demand, prepare an aggregate plan using the Chase Strategy. Vary the workforce level to execute a strategy that produces the quantity demanded in the current month. Evaluate this plan with the costs given in 1(a)