Atkinson Machinery Company (AMC) is a major producer of compact air fryers for household usage Given the following cost and monthly demand data you will be asked to develop a production and workforce plan. Total August 11864 22 Demand Number of Working Days Demand and Working Days September October November December 12496 8536 13376 10160 22 22 22 22 56432 110 Material Cost Inventory Holding cost Marginal cost of stockout Hiring and training cost Lay off cost Labor hours required Shift Regular-time cost Overtime cost Costs $70 per unit $10/unit/quarter $18/unit/quarter $750/worker $950/worker 2 hours/unit 8 hours/day $18/hour $27/hour Beginning inventory Ending inventory in December Beginning workforce Inventory and Workforce 600 units 488 units 150 workers Answer the following questions independently: a) Develop a production and workforce plan under chase strategy and compute the total cost assuming that all the workers you have are paid 8 hours/day every working day. Note: Table Required b) If a production and workforce plan under level strategy applied then: b-i) What is the monthly production in units? b-ii) What is the constant workforce size? Note: NO production plan is required for this part. No table required. Total Periods Expected Demand Beginning Inventory Required Production Units Required Productions Hours Planned Regular Hours Planned Overtime Hours Actual Production Units Units Subcontracted Ending Inventory Excess Inventory Shortage Beginning Workforce (Previous Period's Workforce) Workers Hired Workers Laid-off Ending Workforce (Current Period's Workforce) Cost Calculations: Material Cost Straight-time Cost Overtime Labor cost Carrying Cost Backorder (Shortage) Cost Subcontracting Cost Hiring Cost Layoff Cost Total Cost