ACE Sports Co. produces bicycles. They develop the aggregate operations plan (AOP) by quarter. For the AOP, they use a chase strategy, but, at the same time, they want to use 8 workers throughout the four quarters. Complete the AOP in the table below. Each worker's productivity during the regular production time is 500 bicycles per quarter and the demand forecast each quarter has been studied as shown. There are two options of production: 1.) production during the regular production time (Regular production) and 2.) production by subcontractor (Subcontract).

Please no excel as I get a better understanding for formulations if written down.

(See photo below for chart)

Quarter 1 Quarter 2 Quarter 3 Quarter 4 Demand forecast 4000 6000 5000 3000 Regular production Subcontract Inventory level