Business, 24.12.2019 02:31 Mw3spartan17

The bank is working to develop an efficient work schedule for full-time and part-time tellers. the schedule must provide for efficient operation of the bank, including adequate customer service, employee breaks, and so on. on fridays, the bank is open from 9: 00 a. m. to 7: 00 p. m. the number of tellers necessary to provide adequate customer service during each hour of operation is summarized here. time no. of tellers time no. of tellers 9: 00 a. m.-10: 00 a. m. 6 2: 00 p. m.-3: 00 p. m. 6 10: 00 a. m.-11: 00 a. m. 4 3: 00 p. m.-4: 00 p. m. 4 11: 00 a. m.-noon 8 4: 00 p. m.-5: 00 p. m. 7 noon-1: 00 p. m. 10 5: 00 p. m.-6: 00 p. m. 6 1: 00 p. m.-2: 00 p. m. 9 6: 00 p. m.-7: 00 p. m. 6 each full-time employee starts on the hour and works a 4-hour shift, followed by a 1-hour break and then a 3-hour shift. part-time employees work one 4-hour shift beginning on the hour. considering salary and fringe benefits, full-time employees cost the bank $15 per hour ($105 a day), and part-time employees cost the bank $8 per hour ($32 per day).

time no. of tellers time no. of tellers
9: 00 a. m.-10: 00 a. m. 6 2: 00 p. m.-3: 00 p. m. 6
10: 00 a. m.-11: 00 a. m. 4 3: 00 p. m.-4: 00 p. m. 4
11: 00 a. m.-noon 8 4: 00 p. m.-5: 00 p. m. 7
noon-1: 00 p. m. 10 5: 00 p. m.-6: 00 p. m. 6
1: 00 p. m.-2: 00 p. m. 9 6: 00 p. m.-7: 00 p. m. 6
(a) formulate an integer programming model that can be used to develop a schedule that will satisfy customer service needs at a minimum employee cost. (hint: let xi = number of full-time employees coming on duty at the beginning of hour i and yi = number of part-time employees coming on duty at the beginning of hour i.)

(b) solve the lp relaxation of your model in part (a). if required, round your answers to the nearest whole number.

(c) solve for the optimal schedule of tellers.

(d) after reviewing the solution to part (c), the bank manager realized that some additional requirements must be specified. specifically, she wants to ensure that one full-time employee is on duty at all times and that there is a staff of at least five full-time employees. revise your model to incorporate these additional requirements, and solve for the optimal solution. if required, round your answers to the nearest whole number. the new optimal solution is as follows: i have tried the answers i have found from other posts and some are correct and others are not. could someone me solve this.

Answers: 2

Show answers

Another question on Business

Business, 21.06.2019 15:30

Marvin wrote a check of $58.25 for the water bill and $450 for rent. he also made a deposit of $124.16. how much is his new balance after writing the checks and making the deposit?

Answers: 3

Answer

Business, 21.06.2019 21:00

The following cost data relate to the manufacturing activities of chang company during the just completed year: manufacturing overhead costs incurred: indirect materials $ 15,800 indirect labor 138,000 property taxes, factory 8,800 utilities, factory 78,000 depreciation, factory 150,600 insurance, factory 10,800 total actual manufacturing overhead costs incurred $ 402,000 other costs incurred: purchases of raw materials (both direct and indirect) $ 408,000 direct labor cost $ 68,000 inventories: raw materials, beginning $ 20,800 raw materials, ending $ 30,800 work in process, beginning $ 40,800 work in process, ending $ 70,800 the company uses a predetermined overhead rate of $20 per machine-hour to apply overhead cost to jobs. a total of 20,500 machine-hours were used during the year. required: 1. compute the amount of underapplied or overapplied overhead cost for the year. 2. prepare a schedule of cost of goods manufactured for the year.

Answers: 3

Answer

Business, 22.06.2019 05:10

1. the political environment in india has proven to be critical to company performance for both pepsico and coca-cola india. what specific aspects of the political environment have played key roles? could these effects have been anticipated prior to market entry? if not, could developments in the political arena have been handled better by each company? 2. timing of entry into the indian market brought different results for pepsico and coca-cola india. what benefits or disadvantages accrued as a result of earlier or later market entry? 3. the indian market is enormous in terms of population and geography. how have the two companies responded to the sheer scale of operations in india in terms of product policies, promotional activities, pricing policies, and distribution arrangements? 4. “global localization” (glocalization) is a policy that both companies have implemented successfully. give examples for each company from the case.

Answers: 1

Answer

Business, 22.06.2019 07:30

Which of the following best describes why you need to establish goals for your program?

Answers: 3

Answer

You know the right answer?

The bank is working to develop an efficient work schedule for full-time and part-time tellers. the s...

Questions