USE THE SAME INFORMATION that you used for the above problem AND CALCULATE A LEVEL PRODUCTION PLAN Month Forecasted Sales Sales in Worker Hours Workers Needed to Meet Sales Actual Workers Actual Production Layoffs Hirings Ending Inventory March April May June July August September October November December 1.592 1,400 1,200 1,000 1,504 1,992 2,504 2,504 3,000 3,000 2,504 1992 February How many actual workers should be employed in October in the level production plan? 227 231 252 313 What is the ending inventory after the first time period (March in the level production plan? 1000 1238 1305 1424 What is the total inventory cost incurred over the year for this level production plan? $24,192 $32,224 $40,320 $193,344 How many workers need to be hired in period 1in the level production plan? 0 10 USE THE SAME INFORMATION that you used for the above problem AND CALCULATE A LEVEL PRODUCTION PLAN Month Forecasted Sales Sales in Worker Hours Workers Needed to Meet Sales Actual Workers Actual Production Layoffs Hirings Ending Inventory March April May June July August September October November December 1.592 1,400 1,200 1,000 1,504 1,992 2,504 2,504 3,000 3,000 2,504 1992 February How many actual workers should be employed in October in the level production plan? 227 231 252 313 What is the ending inventory after the first time period (March in the level production plan? 1000 1238 1305 1424 What is the total inventory cost incurred over the year for this level production plan? $24,192 $32,224 $40,320 $193,344 How many workers need to be hired in period 1in the level production plan? 0 10