Sales & Operations Planning: Basic Level and Chase Plans Beginning work force: 80 workers Hiring Cost: $100 per worker Production per employee: 1,000 lbs per qtr Firing Cost: $500 per worker Inventory Carrying Cost: $0.50 lb per qtr Overtime Cost: $40 per lb Regular Production Cost: $25 per lb Backorders: $15 per lb LEVEL PLAN Quarter Sales Forecast Prod Plan Inventory Overtime Workers needed Hire Spring 80,000 Fire Summer 50,000 Fall 120,000 Winter 150,000 Total 400,000 Level Plan Costs: Production Inventory = Hire - TOTAL =