Meeting the minimum level of each shift requirements

Assignment Help Operation Management
Reference no: EM132234794

Clancy’s Casino, in Muledeer, Nevada, is open 24 hours a day, seven days a week. Along with all the other attractions and diversion, Clancy’s operates a variety of gaming tables. Dealers at these tables are interchangeable. The casino has the following daily requirements for dealers:

                  Time                             Minimum # of dealers

      0100 – 0500                               7

      0500 – 0900                               4

      0900 – 1300                               9

      1300 – 1700                               12

      1700 – 2100                               15

      2100 – 0100                               17

A dealer may start work at the beginning of any one of the six shifts and, having begun, works eight consecutive hours.

A. Find the employee schedule that minimizes the total number of dealers required, meeting the minimum level of each shift’s requirements.

B. Suppose in problem 4, Clancy’s Casino pays a wage differential depending on the hours worked. In particular, between midnight and 0700, it pays dealers $16 per hour, between 0700 and 1900 $10 per hour, and between 1900 and midnight $12 per hour. Modify your formulation to problem 4, and determine the minimum cost shift schedule for Clancy’s.

Reference no: EM132234794

Questions Cloud

What is the? bond yield to? maturity : The market price is ?$775 for a 17 year bond ?($1,000 par value) that pays 9 percent annual? interest, but makes interest payments on a semiannual basis
What are implications of expanded definition for business : How do the authors expand the concept of prosperity beyond that of an individual doing well? What are the implications of this expanded definition for business?
Evaluate regulatory and security compliance outlined : Select three issues from the "Issues That Make Forecasting the Future Difficult for Industries and Governments" from Chapter 7 of the Cortada textbook.
What is the? bond yield to? maturity : The market price is ?$775 for a 17 year bond ?($1,000 par value) that pays 9 percent annual? interest, but makes interest payments on a semiannual basis
Meeting the minimum level of each shift requirements : Find the employee schedule that minimizes the total number of dealers required, meeting the minimum level of each shift’s requirements.
What is the current price of shuffle step stock : If the required rate of return is 7 percent, what is the current price of Shuffle Step stock?
Interest rates increase by 75 basis points : A two-year bond that pays an annual coupon of 12 percent, duration 1.8912 and has a current yield to maturity of 14 percent.What would be the percentage change
Application of bellman ford algorithm : CSE2CNX - Computer Networks - Determine the shortest paths from A to all network nodes - different routing algorithms to find the shortest paths in a network
Create screen layouts that illustrate the interface : Create three to five (3-5) screen layouts that illustrate the interface that organizational users will utilize. Note: The graphically depicted solution.

Reviews

Write a Review

Operation Management Questions & Answers

  Book review - the goal

Operations Management is about a book review. Title of the book is "Goal". This book has been written by Dr. Eliyahu Goldartt. The book has been appreciated by many as one of those books which offers an insight into the operations and strategic capac..

  Operational plan in hospitality enterprise

Operational plan pertaining to a hospitality enterprise is given in detail in the solution. The operational plan is an important plan or preparation which gives guidelines regarding the role and responsibilities of each and every operation at all lev..

  Managing operations and information

Recognise the importance of a strategic approach to the development and deployment of organisational information systems. Demonstrate an understanding of the importance of databases and their integration to the organisation's overall information mana..

  A make-or-buy analysis

An analysis of the holding costs, including the appropriate annual holding cost rate.

  Evolution and contributor of operations management

Briefly explain Evolution and contributor of Operations management.

  Functions and responsibilities of an operations manager

A number of drivers of change have transformed the roles, functions and responsibilities of an operations manager over recent years. These drivers have not only been based on technological innovations but also on the need for organisations to develop..

  Compute the optimal order quantity

Compute the Optimal Order quantity of DVD players. Determine the appropriate reorder point.

  Relationship to operations practice in the organisation

Evaluate problems in operations and identify approaches to overcoming them. Critically evaluate operating plans and identify areas for improvement. Justify, implement and evaluate changes to operations in line with modern approaches.

  A make or buy analysis

Develop a report for Figi Fabricating that will address the question of whether the company should continue to purchase the part from the supplier or begin to produce the part itself.

  Prepare a staffing plan

Prepare a staffing plan showing the change of your unit from medical/surgical staffing to oncology staffing.

  Leadership styles in different organizations

Ccompare the effectiveness of different leadership styles in different organizations

  Risk management tools and models

Be able to understand the concept of risk, roles and responsibilities for risk management and risk management tools and models.

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