Question: Right now is August 1 , 2 0 2 0 . You would like to construct an aggregate production plan for product P 1 X

Right now is August 1,2020. You would like to construct an aggregate production plan for product P1X27 for the next four quarters of 2021. Cost of regular production =655/u Cost of overtime production =975/u Inventory holding cost 5\$/u/atr Cost of increasing regular production =80\$/u Cost of decreasing regular production =90\$/u The regular production in Quarter 4 of 2020=926u The inventory at the beginning of Quarter 1 of 2021 is estimated to be 69 u The forecasted demand for the four quarters of 2021 are: 1,215,1,363,1,191, and 945 units. You want to use the chase production strategy without overtime production and keep inventory as low as possible Stackouts (shortages ) are not allowed . You must perform the calculation and answer the questions shown below . NOTE: Do not use any comma in your answers . dollars . The total cost of decreasing regular production is

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