You are head operations planner for Choco Choco Ltd and in charge of developing a sales and operations plan for the coming year. Choco Choco prepares and makes chocolates and ice-creams, both typically require the same preparation time and labour skills. The following planning information is available. Quarter 1 Beginning inventory is 500 chocolates and 0 ice cream Production Rates Regular 500 units per full time employee per quarter of either unit Overtime (max) 200 units per full time employee per quarter of either unit Part-time 400 units per full time employee per quarter of either unit Initial workforce size: 45 full time employees beginning quarter 1. Production and costs Regular time 15 per hour Overtime 22.50 per hour Subcontract 30 per hour Part-time 36 per hour Inventory: 3 per unit, per quarter, based on average inventory during each quarter. Back order: 24 per unit per quarter based on back orders at end of quarter Hiring 300 per fullime employee, no cost part-time Layoff 1500 per fullime employee, no cost part-time Develop an operations plan that utilises a level or constant rate of output each quarter using fulltime regular employees only. Ending inventory and back orders for quarter 4 must be equal to zero. a) Summarise the plan, its costs and its consequences. b) Prepare a cumulative demand, production chart for your plan c) If each shipping container for completed chocolates and ice-cream require 2 cubic metres of space what is the maximum finished good warehouse space you will need next year if the plan above is followed You are head operations planner for Choco Choco Ltd and in charge of developing a sales and operations plan for the coming year. Choco Choco prepares and makes chocolates and ice-creams, both typically require the same preparation time and labour skills. The following planning information is available. Quarter 1 Beginning inventory is 500 chocolates and 0 ice cream Production Rates Regular 500 units per full time employee per quarter of either unit Overtime (max) 200 units per full time employee per quarter of either unit Part-time 400 units per full time employee per quarter of either unit Initial workforce size: 45 full time employees beginning quarter 1. Production and costs Regular time 15 per hour Overtime 22.50 per hour Subcontract 30 per hour Part-time 36 per hour Inventory: 3 per unit, per quarter, based on average inventory during each quarter. Back order: 24 per unit per quarter based on back orders at end of quarter Hiring 300 per fullime employee, no cost part-time Layoff 1500 per fullime employee, no cost part-time Develop an operations plan that utilises a level or constant rate of output each quarter using fulltime regular employees only. Ending inventory and back orders for quarter 4 must be equal to zero. a) Summarise the plan, its costs and its consequences. b) Prepare a cumulative demand, production chart for your plan c) If each shipping container for completed chocolates and ice-cream require 2 cubic metres of space what is the maximum finished good warehouse space you will need next year if the plan above is followed