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Weis Supply is a manufacturer located in Cambridge, Massachusetts. It experiences a seasonal demand pattern for its products. The workforce requirements for the first five

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Weis Supply is a manufacturer located in Cambridge, Massachusetts. It experiences a seasonal demand pattern for its products. The workforce requirements for the first five months of 2024 are shown in the following table. Wages are $4,000 per worker per month, the hiring cost is $400 per worker, the layoff cost is $300 per worker, and the manufacturer expects to have 10 workers at the end of December 2023. If a chase strategy using hiring and firing is used by Weis Supply, what is the total cost of the staffing plan (i.e. hiring + firing + wages) for the first five months of 2024? Greater than $201,000 but less than or equal to $202,000 Less than or equal to $201,000 Greater than $203,000 Greater than $202,000 but less than or equal to $203,000

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