Using the data provided in question 1, create an aggregate plan analysis in Excel using the following 4 production strategies: a) Produce exactly to meet demand; vary workforce (assuming workforce equal to first month's requirements) b) Constant workforce based on average production over the 6th months using stock outs and inventory only (calculate the workforce: total demand/total work hours per l employee) c) Constant low workforce based on production requirements for lowest month, use subcontracting to meet demand d) Constant workforce of 2 less than the workforce required in part b, use overtime to meet demand Demand and Working Days Inventory \begin{tabular}{|l|c|} \hline Beginning inventory & 308 units \\ \hline Safety stock required & 17% of monthly demand \\ \hline \end{tabular} x32 A fx 4. A 8 D G 81 Production Plan 4: Constant Workforce; Overtime 51 Production Plan 2: Constant Workforce; Vary Inventory and Stockout Using the data provided in question 1, create an aggregate plan analysis in Excel using the following 4 production strategies: a) Produce exactly to meet demand; vary workforce (assuming workforce equal to first month's requirements) b) Constant workforce based on average production over the 6th months using stock outs and inventory only (calculate the workforce: total demand/total work hours per l employee) c) Constant low workforce based on production requirements for lowest month, use subcontracting to meet demand d) Constant workforce of 2 less than the workforce required in part b, use overtime to meet demand Demand and Working Days Inventory \begin{tabular}{|l|c|} \hline Beginning inventory & 308 units \\ \hline Safety stock required & 17% of monthly demand \\ \hline \end{tabular} x32 A fx 4. A 8 D G 81 Production Plan 4: Constant Workforce; Overtime 51 Production Plan 2: Constant Workforce; Vary Inventory and Stockout