will give thumbs up for help(:

4. On Dec. 22 the VP. Finance informs you that the cost of capital will be extremely high next year. As a consequence be asks you to develop a radically different type of aggregate plan based on a "Chase' strategy. Encting inventory is to be zero at the end of each quarter. The VP. Manufacturing says he realized this type of strategy will require him to abandon his beloved "level" strategy and for you to vary the total output rate from one quarter to another. When necessary to do so, the following options and priorities should be used in developing the required output each period Priority Option Limit (maximum) 1 Full-Time Employees (FTE) 500 units/qtr./worker 2 Overtime (FTE) Up to 200 units/workea/qtr. 3 Subcontract Up to 5000 units/qtr 4 Part-time Up to 25 workers/qtr Finally, the personnel Manager informs you that, due to end of year retirements, only 36 (not 44) full-time employees will be on the payroll as of Jan 2. Furthermore, due to an expected shortage of labor in the area, she doubts that any additional finall-time employees could be hired during the next year. A. Using the original demand and beginning inventory information, develop a "chase" plan following the guidelines noted above. Summarize your plan on a worksheet. B. What hiringfiring actions will the Personnel Department need to take each quarter? C. What was the logic of the V.P.'s priority options? 4. On Dec. 22 the VP. Finance informs you that the cost of capital will be extremely high next year. As a consequence be asks you to develop a radically different type of aggregate plan based on a "Chase' strategy. Encting inventory is to be zero at the end of each quarter. The VP. Manufacturing says he realized this type of strategy will require him to abandon his beloved "level" strategy and for you to vary the total output rate from one quarter to another. When necessary to do so, the following options and priorities should be used in developing the required output each period Priority Option Limit (maximum) 1 Full-Time Employees (FTE) 500 units/qtr./worker 2 Overtime (FTE) Up to 200 units/workea/qtr. 3 Subcontract Up to 5000 units/qtr 4 Part-time Up to 25 workers/qtr Finally, the personnel Manager informs you that, due to end of year retirements, only 36 (not 44) full-time employees will be on the payroll as of Jan 2. Furthermore, due to an expected shortage of labor in the area, she doubts that any additional finall-time employees could be hired during the next year. A. Using the original demand and beginning inventory information, develop a "chase" plan following the guidelines noted above. Summarize your plan on a worksheet. B. What hiringfiring actions will the Personnel Department need to take each quarter? C. What was the logic of the V.P.'s priority options