Question: the company studies two production plans below: Plan A: Level strategy using regular time production only. Plan B: Chase strategy while maintaining a production capacity

the company studies two production plans below:
Plan A: Level strategy using regular time production only.
Plan B: Chase strategy while maintaining a production capacity of 2000(per quarter, all from regular time production)
Using provided information above:
1. calculate the total annual cost of Plan A
2. calculate the total annual cost of Plan B

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