You are provided with the following information of a company. Demand Costs Additional Information Subcontracting cost 940/ Unit Beginning Inventory Re. ular Wage 910/ Hour Labor hours per unit 915/ Hour Regular Hours per day Cost of Hiring HOOD/Worker Max. Overtime hours 4 Hrs / Day Cost of Layoff "SOD/Worker rkdays per Month 20 Workers a] Determine the total cost of varying the workforce size to implement a chase strategy. h] Determine the total cost of maintaining the workforce from December, and using overtime and subcontracting (if necessary) to meet the excess demand. c] If the company chooses to use a pure level strategy varying inventory levels to meet the demand, what is the maximum holding cost per unit per month the company can afford to pay such that this becomes the cheapest strategy?

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