Management of company M3L wants to level the number of employees needed each day so no hiring or layoffs will be required during the year

Information

Beginning inventory: 3300 units

Ending Inventory: 0 units

Inventory holding cost: $10 per unit per quarter (Charged for ending stock, not the average inventory)

No backorders allowed

No variation in size of workforce allowed

Overall output rate = 50 units per day per employee

a) What daily production rate will be required to meet the demand forecast and yield zero inventory at the end of quarter 4?

b) How many employees will be required each day? What are the inventory levels and costs each quarter?