Hiring a new worker costs, Management Theories

suppose there are four workers with the cost of $2000 per month per worker and every worker makes 1500 units per month.  Hiring a new worker costs $500 and firing one costs $800 (per worker). If inventory costs $.001 ($/unit/month) and no shortage permitted, find the minimum number of workers required for the next 9 months (months 1 - 9) and total minimum cost.

Posted Date: 3/18/2013 8:47:20 AM | Location : United States







Related Discussions:- Hiring a new worker costs, Assignment Help, Ask Question on Hiring a new worker costs, Get Answer, Expert's Help, Hiring a new worker costs Discussions

Write discussion on Hiring a new worker costs
Your posts are moderated
Related Questions
A large unit manufacturing electrical goods which has been known for its liberal personnel policies and fringe benefits is facing the problem of low productivity and high absenteei

Assignment for Project Management 1.      Pick the environment and the idea followed by a strategy of how to implement your strategy successfully. Prepare: 1.      Define

IT company is planning to take up a new overseas project.As a hr plan the process and identify the best techniques that can be adopted in recruitment and selection

discuss the five fundamental aspect of organising

utilitarian, deontological, and virtue-based approaches to ethics. What are the strengths and weaknesses of each?

importance of learning organization as a tool to improve productivity

Maximize Systematic Variance: The systematic variance is the variance or the difference caused in the dependent variable by the experimental variable. By maximizing t

#What is the concept of manegerial leadership?

How will you influence people to strive willingly for group objectives in your organization (target based industry)? Apply your interpersonal influence through communication proces

function of management