Table 10.2 Archie Toys is a retailer operating out of Wichita, Kansas. It experiences a seasonal demand pattern for its services. Labor requirements over a typical six-month period follow. The workforce requirements (expressed as number of employees) are given in the following table for the next six periods. Inputs Forecasted demand Workforce level Undertime Overtime Productive time Hires Layoffs Calculated Productive time Undertime Overtime Hires Layoffs Total Month 3 6 Total 7 12 13 5 Costs associated with operations are as follows: Wages $800 per worker per month Hiring cost $300 per worker Layoff cost $200 per worker The current workforce level is nine workers, and the undertime is paid for. Use the spreadsheet approach and the preceding data to answer the following questions. Use the information in Table 10.2. The total cost of the staffing plan, including the cost of regular wages, hiring, and layoffs using a chase strategy with hiring and layoffs but no overtime, is: Costs associated with operations are as follows: Wages $800 per worker per month Hiring cost $300 per worker Layoff cost $200 per worker = The current workforce level is nine workers, and the undertime is paid for. Use the spreadsheet approach and the preceding data to answer the following questions. Use the information in Table 10.2. The total cost of the staffing plan, including the cost of regular wages, hiring, and layoffs using a chase strategy with hiring and layoffs but no overtime, is: greater than $42,000 but less than or equal to $43,000. greater than $43,000 but less than or equal to $44,000. greater than $44,000. less than or equal to $42,000.