The following information relates to a company's aggregate production planning activities: 
Beginning Workforce = 35 workers
Production per Employee = 1,250 units per quarter
Hiring Cost = $500 per worker
Firing Cost = $1,000 per worker
Inventory Carrying Cost = $20 per unit per quarter
If a level production strategy is used then the inventory at the end of quarter 3 is
Definitions:
Balance Per Books
The amount of money reported in a company's financial records or books.
Bank Reconciliation
The practice of ensuring that the figures in an organization's financial records for a cash account are in agreement with the relevant details on a bank statement.
Balance Per Bank
The amount of money in a company's bank account according to the bank's records at a specific point in time.
Bank Reconciliation
The procedure of reconciling the balance figures in a firm's accounting ledger for a cash account with the associated entries on a bank statement.
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