Calculate how many agents should be hired

Assignment Help Operation Research
Reference no: EM13708828

The main Agents Hiring Problem and Optimal for Hiring Plan

Problem- The TSA at a large airport has 175 agents hired and trained for the month of January. Agents earn an average of $3300 per month and work 160 hours per month. The projection is 26,400 agent hours will be required for February, 29,040 agent hours will be required in March and 31,994 will be required in the months of April and May. Attrition during the month of January is anticipated to be 5% so only 95% of the agents are trained and working in January will be available for work in February. Efforts are being made to improve attrition: The TSA expects to lose only 4% of agents during February, 3% in March and 2% in May.

Part 1- To ensure that enough agents will be available to meet the demand, new agents must be hired and trained. During the one month training period, trainees are paid $2,600. Existing agents who normally work 160 hours per month are able to work only 80 hours during the months they are training new people.

Part 2- How many agents should be hired during the months of January to May?

The purpose of this is to get a best possible hiring plan considering demand for hours, cost of regular working hours, hours lost on training and cost of hiring. The result provides detailed a step by step approach towards solving similar problems using Excel Solver.

Reference no: EM13708828

Questions Cloud

Write the balanced chemical equations : Write the balanced chemical equations for the following reactions in terms of major stable species. hydrogen and oxygen at an equivalence ratio of 0.5
What is the inlet velocity and the exit temperature : Water at 350 psia and 800oF enters a nozzle whose inlet are is 0.4 ft2. The flow rate of steam is 20 lbm/s. Steam leaves at 150 psia and at 825 ft/s. Heat losses from the nozzle per is 3.2 BTU/lbm. What is the inlet velocity and the exit temperature.
Bar made from a material with a elasticity : A bar made from a material with a elasticity of 122 GPa and with a cross sectional area of 17 cm2 is attached at point C to a spring with a constant k of 322 MN/m. The lengths L1 and L2 are 0.1 m and 0.4 m, respectively. If the force has a magnitude ..
Is this process capable of producing dram chip : Meena Charvan Corp's computer chip production process yields. DRAM chips with an average life of 1,800 hours and s=100 hours. The tolerance upper and lower specification limits are 2,400 hours and 1,600 hours, respectively.
Calculate how many agents should be hired : The TSA at a large airport has 175 agents hired and trained for the month of January. Agents earn an average of $3300 per month and work 160 hours per month. The projection is 26,400 agent hours will be required for February
Biggest challenge in conducting research interviews : What do you think would be your biggest challenge in conducting research interviews. What could you do about this. The main challenge in conducting research interviews is maintaining decent standards.
Best process for manufacturing systems : Using the data in Problem determine the best process for each of the volumes. GENERAL PURPOSE FLEXIBLE DEDICATED EQUIPMENT MANUFACTURING MACHINE.
What is the effective capacity : Material delays have routinely limited production of household sinks to 400 units per day. If the plant efficiency is 80%, what is the effective capacity
Explain utilization and efficiency of this system : Southeastern Oklahoma State University's business program has the facilities and faculty to handle an enrollment of 2,000 new students per semester.What are the utilization and efficiency of this system

Reviews

Write a Review

 

Operation Research Questions & Answers

  Research apple international presence

Research Apple's international presence, and detail out why they expanded out into the global marketplace. APA citation required, 250 word minimum.

  Compute the company''s predetermined overhead rate

Corporation bases its predetermined overhead rate on the estimated labor hours for the upcoming year

  Determine the monthly break-even volume for the company

The company's fixed monthly cost is $25,000, and its variable cost per pound of fertilizer is $0.15. Evergreen sells the fertilizer for $0.40 per pound. Determine the monthly break-even volume for the company.

  The problem of operating a warehouse

Consider the problem of operating a warehouse, by buying and selling the stock of a certain commodity, in order to maximize profit over four periods.

  Solve the following lp using revised simplex method

Solve the following LP using Revised Simplex Method,    Solve the following transportation problem (Using VAM, Compute initial basic solution).

  Question 1a decision making is an essential part of the

question 1a decision making is an essential part of the management process.comment.b distinguish between lsquodecisions

  Red brand canners

Red Brand Canners Gordon asked Myers about the demand for tomato products for the coming year. Myers replied that they could sell all of the whole canned tomatoes they could produce.

  Find your total expected return

Find your total expected return and what is the probability of at least one long distance call in a ten minute period?

  Information sources on forecasting methods

Research: Research at least six (6) information sources on forecasting methods; take notes and record and interpret significant facts, meaningful graphics, accurate sounds and evaluated alternative points of view.

  What graphical representations could be used to portray

What additional demographic categories could be included and what graphical representations could be used to portray

  A research methodology to use for topic (mixed method)

Your group project you selected a research topic (the effects of childhood bullying) and a research methodology to use for that topic (mixed method)

  Cost of capital to assess its restaurant capital investments

Considering investing in Facial Laboratories. Assume that Facial is currently undergoing expansion and is not expected to modify its cash dividend while expanding for the next four years.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd