Using the information shown in the table, develop an aggregate plan for the next 5 years, using a constant level strategy Calculate how much it would cost to follow that strategy Year Forecast demand 1 300 2 120 3 200 4 110 5 135 Available workers 3 Starting Inventory 20 Salary per worker per year $25,000 factor K (production per worker per year) 30 Cost of holding inventory per product per year $0 04 Hiring cost per worker per year $500 Layoff cost per worker per year $1,000

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Question: Using the information shown in the table, develop an aggregate plan for the next 5 years, using a constant level strategy. Calculate how much it

Using the information shown in the table, develop an aggregate plan for the next 5 years, using a constant level strategy. Calculate how much it would cost to follow that strategy.

Year	Forecast demand
1	300
2	120
3	200
4	110
5	135

Available workers	3
Starting Inventory	20
Salary per worker per year	$25,000
factor K (production per worker per year)	30
Cost of holding inventory per product per year	$0.04
Hiring cost per worker per year	$500
Layoff cost per worker per year	$1,000

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