Develop a production schedule to produce the exact production requirements by varying the workforce size for the following problem. The monthly forecasts for Product X for January February, and March are 1100, 1,610, and 1,200, respectively. Safety stock policy recommends that half of the forecast for that month be defined as safety stock. There are 22 working days in January, 19 in February and 21 in March. Beginning inventory is 520 units. Storage cost is $3 per unit per month based on ending Inventory level, standard pay rate is 57 per hour, hiring and training cost is $210 per worker, layoff cost is $310 per worker, and worker productivity is 0.1 unit per hour. Assume that you start off with 40 workers and that they work 8 hours per day. (Leave no cells blank.be certain to enter "O" wherever required. Input all values as positive volues. Round Workers Required up to next higher whole number. Round all other variables to nearest whole number.) January 1.100 February 1.610 March 1 200 Forecast Safety Stock Beginning inventory Net production required Workers required Hited Laid off Actual production Ending inventory January February March Labor cost Inventory cost Hiring cost Layoff cost Total cost Total