Problem 2: Nowjuice, Inc., produces Shakewell fruit juice. A planner has developed an aggregate forecast for demand (in cases) for the next six months. Month Forecast May 4,000 Regular production cost Regular production capacity Overtime production cost Subcontracting cost Holding cost Beginning inventory Jun 4,800 Use the following information to develop aggregate plans. Jul 5,600 $ Aug 7,200 10 per case 5,000 cases Sep 6,400 16 per case 20 per case 1 per case per month 0 Oct 5,000 Develop an aggregate plan using each of the following guidelines and compute the total cost for each plan. Note: Backlogs are not allowed. a. Use level production. Supplement using overtime as needed. b. Use level production and a combination of overtime (1000 cases per period maximum), inventory, and subcontracting (1000 cases per period maximum) to handle variations in demand.