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A firm must plan production for the next six months. Each unit costs $260 to produce and it has an inventory holding cost of $12

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A firm must plan production for the next six months. Each unit costs $260 to produce and it has an inventory holding cost of $12 per unit per month based on ending inventory levels. The cost to hire a worker is $110, and the cost to fire a worker is $220 per worker. Each worker produces 10 units per month. There are 15 persons on the payroll at the beginning of the first month. The company currently has 100 units of inventory in stock, and it wants to keep at least this many units as safoty stock at the end of every month. Assume hiring and layofffiring. If necessary, occur at the beginning of the month. DeictureClick here for the Excel Data File a. From the information given above, what level production rate will meet demand for the next six months? Using that rate, complete the level plan below. (Leave no cells blank - be certain to enter "O" wherever required.) b-1. At that production rate, what is the maximum end-of-period inventory experienced at some time during the six months? b.2. What would be the cost of a level production plan? c-1. From the information given above, Develop a chase (Hire and Fire only) Production Plan? (Leave no cells blank - be certain to enter " 0 " wherever required.) c-1. From the information given above, Develop a chase (Hire and Fire only) Production Plan? (Leave no cells biank - be certain to enter " 0n wherever required.) c-2. What is the total cost of a chase (hire and fire only) production plan

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