Opening Stock Closing Stock Hiring Costs per worker Firing Costs 1,000.00 per worker lnhouse Production costs per unit Subcontract Production costs per unit Backorder Costs per unit Inventory Holding costs per unitj'month Production capacity per month I em Month 1 Forecast Demand Opening Stock ln-house Production Subcontract Production Closing Stock Backorder Employees Required Production Change Costs Hiring Firing Hiring Costs Firing Costs Inventory Costs Backorder costs ln-house Production Costs Subcontract Production Total Costs Opening Stock: 120 units Desired Closing Stock: 1200 units Back order Costs: $ 100/ unit ln-house production costs : $ 60 per unit Subcontract Production costs : $ 81 per unit Inventory Holding costs : $ 15 / unit} month Production Capacity: 30 units per month per worker There are currently 150 workers employed Hiring Costs 500$ per worker Firing Costs 100055 per worker 1. Using the data, develop a [at] production plan. How much am cost (inventory and HR costs) are involved in this plan? What additional costs (both nancial and non- nancial) might be involved with such a plan