PLEASE SHOW WORK AND EQUATIONS OF HOW YOU GOT EACH STEP

From Chapter 13: Aggregate Plan Q2) Eagle Fabrication has the following aggregate demand requirements and other data for the upcoming four quarters. Demand 1400 Quarter 1 2 3 4 1000 1500 1300 Previous quarter's output Beginning inventory Stockout cost Inventory holding cost Hiring workers Laying off workers Unit cost Overtime 1500 units 200 units $50 per unit $8 per unit at end of quarter $5 per unit $10 per unit $30 per unit $10 extra per unit Which of the following production plans is better: Plan A-chase demand by hiring and layoffs; or Plan B produce at a constant rate of 1200 and obtain the remainder from overtime? Finish the calculation. Plan A: Eagle Fabrication Solution Regular Regular Time Time Demand Capacity Production Hire Fire 1200 Initial Inventory Period 1 Period 2 Period 3 Period 4 Total (units) 1,400 1,000 1,500 1,300 5,200 @$30/unit $?????? @$5/unit @$10/unit $????) $???? Subtotal Costs Total Cost $?????? Plan B: Eagle Fabrication Solution Regular Regular Time Overtime Time Demand Capacity Capacity Production Overtime Production Inventory (end PD) 200. Fire 1,200 Initial Inventory Period 1 Period 2 Period 3 Period 4 Total (units) 1,400 1,000 1,500 1,300 5,200 @S30/unit $?????? @$30+@$10= @$40/unit S???? @$8/unit @$10/unit $???? $???? Subtotal Costs Total Cost $