QUESTION 2 The production manager of a company is to prepare an aggregate plan that will cover six months of production of brackets. The forecasted demand for the product in the next six months is as shown below. Month July Aug Sept Oct Nov Dec Forecasted 600 600 1000 1400 1000 1200 demand units Additional information: Regular wage : Rtvll Dmr Overtime rate : RM15thr {on working days only, subject to 4 hrs max per day) Labour requirement : 2 hrs to produce 1 unit of product Cost of hiring : RM1,000 perworker Cost of ring : RM1,5DD per worker Current workforce : 11 workers (Le. workforce available at the beginning of July) Subcontract cost : RMttDtunit Inventory cost : RM1Dtunittmonth held Beginning inventory : 0 unit (Le. at the beginning of July) Normal working time : 8 hourstday, 25 daysr'month All monthly demands must be futlled immediately (i.e- backlog or backwater is not allowed). The manager is considering 3 possible plans as follows: Plan A: Maintain the cLITent workforce {f 1 workers} and use inventory only to absorb changes in demand. Plan B: Use minimum possible regular mkforce, vary overtime and subcontract as necessary. For this plan it is not allowed to have inventory. Plan C: Vary the number of workers employed to exactly meet the forecasted monthly demand. {Assume the workers remaining at the end of December will not be laidoff). - Propose the best possible plan to adopt. - Is there any Plan that you would exclude from consideration in case of strong opposition from the union for laying off workers? Any other reason why you should not favor this Plan