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Please help :) art 1 Given the following: Productionrate/worker=250units/qtrBeginningworkforce=24workersBeginninginventory=0unitsRegularProd.Cost=$21/unitInventorycostHiringcostFiringcost=$16/unit/qtr=$1500/worker=$2000/worker Note: there are only 3 quarters 1. Develop a Production Plan using the Level Production strategy.
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art 1 Given the following: Productionrate/worker=250units/qtrBeginningworkforce=24workersBeginninginventory=0unitsRegularProd.Cost=$21/unitInventorycostHiringcostFiringcost=$16/unit/qtr=$1500/worker=$2000/worker Note: there are only 3 quarters 1. Develop a Production Plan using the Level Production strategy. What is the cost? 2. Develop a Production Plan using the Chase Demand strategy. What is the cost? 3. Based on cost, which strategy should be chosenStep by Step Solution
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