A company is introducing crochet and hand knit kitchen towels in the Canadian market in april $2022.$ Companies like William Sonoma, and Bed, Bath and Beyond dominate this market. However, these companies mostly sell cloth kitchen towels, and target an older demographic. With the growing demand for crochet and hand knit towels, the company estimates that they can sell $1\mathrm{.}8$ million towels in $2022.$ The promotional price is set at $$8$ per towel. The inventory carrying cost is $20\%$ of the yearly average value. The industry growth is expected to be $7\%$ year over year. The comapny wants you to recommend an aggregate planning strategy. they have provided you with the following information

Month:

April $2022$: Production days: $21$ and expected demand: $150000$

May $2022$: Production days: $22$ and expected demand: $170000$

June $2022$: Production days: $21$ and expected demand: $160000$

July $2022$: Production days: $22$ and expected demand: $150000$

August $2022$: Production days: $22$ and expected demand: $140000$

Workers pay per hour: $$10$

No$.$ of labor hour required to produce one towel is $15$ minutes

No$.$ of hours per shift: $8$ hours

the company operates $2$ shifts

the inventory carrying cost is $20\%$ of unit price

the cost of increasing daily production rate $($hiring and training$)$ is $$0\mathrm{.}5$ per unit

the cost of decreasing daily production rate $($layoffs$)$ is $$1$ per unit

cost of subcontracting is $$4$ per unit

$*$Based on the above data, what aggregate planning strategy should the company use? Support answer with clear computation.