Continuous Assessment TEST 3 Managers of a screw manufacturing plant are preparing the aggregate plan for the next period based on seasonal (quarter yearly) forecast Month Sales Forecast (units) Spring 90 000 Summer 100 000 Fall 110 000 Winter 60 000 Screw Ltd. currently has 120 workers. A worker can produce 1000 units in a year quarter on the average. The hiring agency cost of a worker is approximately $200. If a worker gets fired a sum of $300 must be paid to him. There is a possibility of keeping inventory with a unit cost of $0.60 per month. Calculate the cost of level production strategy. (50) b) Calculate the cost of chase demand strategy. (50) (Total max. 85%!)