Problem 2 S\&F Associates is a music player manufacturer in need of an aggregate plan for July to December. The company has gathered the following data. Beginning inventory =0 units; Inventory holding costs =$10.00/ unitmonth: Hiring costs =$400/ worker, Layoff costs =$600 wworker, Current workforce level =8 workers; Workdays/month =20 davs: Hours per day =8 hours: Each employee can produce 40 players per month; Regular time wages =$20 per hour; 1. For a level strategy in this manufacturing example: a. What is the production rate? b. How many workers are needed? c. What is the anticipation inventory each month? 2. Prepare a plan using a chase strateny for the above forecast a. What is the cost (wages, hiring, layoff) of the above plan