Use the following data to solve the first seven problems. Problem Data Cost data Regular-time labor cost per hour $12.00 Overtime labor cost per hour $16.00 Subcontracting cost per unit (labor only) $75.00 Holding cost per unit per period $8.00 Back-order cost per unit per period $15.00 Hiring cost per employee $500.00 Firing cost per employee $350.00 Capacity data Beginning workforce 210 employees Beginning inventory Labor standard per unit 6 hours Regular time available per period 160 hours Overtime available per period Subcontracting maximum per period 1000 units Subcontracting minimum per period Demand data 400 units 30 hours 500 units Period 1 Period 2 Period 3 Period 4 Period 5 Period 6 5500 units 4600 units 7600 units 5800 units 6560 units 4000 units 5. Tameka Nicholas is concerned about BackPack's corporate image and has decided against using hires and fires. Instead, she has asked you to consider a chase aggregate plan using the current workforce supplemented by either overtime or undertime to change capacity to match demand exactly. She has asked for the following information from you: a. How many production hours would be required each period to produce the exact quantity needed? Solution b. How many regular-time production hours are available each period? Solution c. How many overtime production hours would be needed each period? Explain any problems that may occur. > Solution d. Show what would happen if this plan were implemented. > Solution . e. Calculate the costs associated with this plan. > Solution f. Evaluate the plan in terms of cost, customer service, operations, and human resources. > Solution