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D Question 5 30 pts Osprey Machine Works has the following demand requirements and other data for the upcoming four quarters. Quarter Demand Previous quarter's output 2500 units 2300 Beginning inventory 200 units Stock-out (back-order 2400 $50 per unit cost 2600 Inventory holding cost A $10 per unit at end of quarter 2100 Hiring workers $4 per unit Laying off workers $8 per unit Unit cost $30 per unit Overtime $10 extra per unit Subcontracting $60 per unit Usplay MdHe works has the following dema 2600 Inventory holding cost $10 per unit at end of quarter 2100 Hiring workers $4 per unit Laying off workers $8 per unit Unit cost $30 per unit Overtime $10 extra per unit Subcontracting $60 per unit Determine the cost for the following aggregate planning strategies: a. Plan A - Vary the workforce, adopt a practice of hiring and layoffs. What is the total cost of this strategy? $ (Select] b. Plan B - utilize a mixed strategy @ 2200 for the planning period, with the option of using overtime and inventory levels if needed. What is the total cost of this plan? $ (Select] C. Plan C-utilize a mixed strategy at the minimum demand level of the planning period, then using subcontracting and inventory levels when needed. What is the total cost of this plan? (Select] d. Which plan would you choose? (Select] D Question 5 30 pts Osprey Machine Works has the following demand requirements and other data for the upcoming four quarters. Quarter Demand Previous quarter's output 2500 units 2300 Beginning inventory 200 units Stock-out (back-order 2400 $50 per unit cost 2600 Inventory holding cost A $10 per unit at end of quarter 2100 Hiring workers $4 per unit Laying off workers $8 per unit Unit cost $30 per unit Overtime $10 extra per unit Subcontracting $60 per unit Usplay MdHe works has the following dema 2600 Inventory holding cost $10 per unit at end of quarter 2100 Hiring workers $4 per unit Laying off workers $8 per unit Unit cost $30 per unit Overtime $10 extra per unit Subcontracting $60 per unit Determine the cost for the following aggregate planning strategies: a. Plan A - Vary the workforce, adopt a practice of hiring and layoffs. What is the total cost of this strategy? $ (Select] b. Plan B - utilize a mixed strategy @ 2200 for the planning period, with the option of using overtime and inventory levels if needed. What is the total cost of this plan? $ (Select] C. Plan C-utilize a mixed strategy at the minimum demand level of the planning period, then using subcontracting and inventory levels when needed. What is the total cost of this plan? (Select] d. Which plan would you choose? (Select]