The Kew Toy Company's prodution manager wonders whether to produce at a level production rate or a rate that matches sales each quarter. His analysis of company operations yeilds the following information Beginning employment level Beginning inventory Hiring cost Firing cost Production per employee Inventory carrying cost Production Cost Quarter Sales Forecast (Units) 90000 60000 120000 150000 1 2 3 4 (a) Find the total cost under level strategy (b) Find the total cost under chase stratgey (c) Find the total cost using Linear Programming 10 employees 0 units 10 per employee 5 per employee 10 units per quarter 1 per unit per quarter 5 (on ending inventory)

The Kew Toy Company's prodution manager wonders whether to produce at a level production rate or a rate that matches sales each quarter. His analysis of company operations yeilds the following information Beginning employment level Beginning inventory Hiring cost Firing cost Production per employee Inventory carrying cost Production Cost Quarter Quarter \begin{tabular}{|c|c|} \hline 1 & 90000 \\ \hline 2 & 60000 \\ \hline 3 & 120000 \\ \hline 4 & 150000 \\ \hline \end{tabular} (a) Find the total cost under level strategy (b) Find the total cost under chase stratgey (c) Find the total cost using Linear Programming 10 employees 0 units 10 per employee 5 per employee 10 units per quarter 1 per unit per quarter 5 (on ending inventory) Sales Forecast (Units) \begin{tabular}{l} 90000 \\ 60000 \\ 120000 \\ 150000 \\ \hline \end{tabular}