Consuelo Chua, Inc. is a disk drive manufacturer in need of an aggregate plan for July through December. The company has gathered the following data: Costs Holding cost $8/disk/month Subcontracting $80/disk Regular-time labor $12/hour Overtime labor $18/hour for hours above 8 hours/worker/day Hiring cost $40/worker Layoff cost $80/worker Demand* July 400 Aug. 500 Sept. 550 Oct. 700 Nov. 800 Dec. 900 *Always round up worker(s) needed. Other Data Current workforce (June) 8 people Labor-hours/disk 4 hours Workdays/month 20 days Beginning inventory 150 disks** No requirement for ending inventory 0 disks ** Note that there is no holding cost for June. Challenge 1 (16 Points) Develop a plan that uses a constant workforce without subcontracting. 1.1 What do you call this type of plan? (1 Point) 1.2 Please fill out the table below according to this plan (10 Points). Month Number of Days Expected Demand Number of Workers # Hired # Layoff Number Produced Ending Inventory July 20 August 20 Sept. 20 Oct. 20 Nov. 20 Dec. 20 Totals 1.3 Please break down the total cost associated with this plan into major subcategories. What is the cost of each subcategory? What is the total cost? (5 Points) Cost of Employee Pay: Cost of Hiring: Cost of Laying off employees: Inventory Cost: Total Cost Associated with this plan: