PP.51 A small manufacturer of specialty welding equipment has developed a chase production plan for the next four quarters, as seen below: Supply/Demand Info Pre-Q1 Q1 Q2 Q3 Q4 Forecast (demand) Regular production Subcontract production Ending inventory Hired employees Fired employees Total employees The table below shows additional relevant information: 2004,8005,4004,800 4.2004.800 5,4004.800 5 5 5 35 35 40 4540