The ATV Corporation makes three models of all-terrain vehicles: Model A, Model B, and Model C. Model A uses a 0.4-liter engine, Model B uses a 0.5-liter engine, and Model C uses a 0.5-liter engine. The aggregate production plan is the twelve-month plan that combines all three models together in total monthly production. The planning horizon is twelve months. The APP determines the size of the workforce, which is the constrained resource. Assume that the beginning inventory for January and that the desired monthly ending inventory is 120 units (30 units each of Model A and Model B, and 60 units of Model C), and the firm desires to have an ending inventory of 180 units at the end of the year. On average, one unit of ATV requires eight labor hours to produce, and a worker contributes 160 hours (8 hours x 5 days x 4 weeks) per month. The data has been collected in the Microsoft Excel Online file below. Use the Microsoft Excel Online file below to develop the chase production strategy and answer the following questions. X Open spreadsheet Questions 1. What are the totals of the forecast demand (including inventory adjustment for December), production, hours and workers associated with aggregate production plan? (Hint: find the total number of workers as the sum of workers required during each month.) Round your answers to the nearest whole number. Forecast Demand (Units) Production (Units) Capacity Needed Hours Workers Chase Production Strategy Aggregate Production Plan for the ATV Corporation 4 5 Desired Monthly Ending Inventory Desired End of Year Inventory Worker hours needed per unit Worker hours per month (8 hrs x 5 days x 4 weeks) December Inventory Adjustment 120 180 8 160 6 7 8 9 Formulas #N/A Capacity Needed (Labor) Capacity Needed (Labor) Hours Workers 10 Forecast Demand Total Forecast Production Ending Inventory 11 Period (Units)* Demand (Units)** (Units) (Units) 12 January 140 13 February 120 14 March 280 15 April 460 16 May 600 17 June 740 18 July 800 19 August 660 20 September 600 21 October 400 22 November 280 23 December 100 24 TOTALS 5,180 25 *excluding December Inventory Adjustment 26 **including December Inventory Adjustment Total Forecast Production Demand (Units)** (Units) #N/A #N/A #N/A #N/A #N/A #N/A #N/A #N/A #N/A #N/A #N/A #N/A #N/A #N/A #N/A #N/A #N/A #N/A #N/A #N/A #N/A #N/A #N/A #N/A #N/A #N/A Ending Inventory (Units) #N/A #N/A #N/A #N/A #N/A #N/A #N/A #N/A #N/A #N/A #N/A #N/A Hours #N/A #N/A #N/A #N/A #N/A #N/A #N/A #N/A #N/A #N/A #N/A #N/A #N/A Workers #N/A #N/A #N/A #N/A #N/A #N/A #N/A #N/A #N/A #N/A #N/A #N/A #N/A