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A retailer experiences a seasonal demand pattern for its services. Labor requirements over a typical six-month period follow. Period 1 2 3 4 5 6 Requirement 7 8 9 11 12 7 Costs associated with operations are as follows: Wages = $2,000 per worker per month Hiring cost = $1,000 per worker Layoff cost = $1,500 per worker The current workforce level is 10 workers. Use the preceding data to answer the following questions: a. What is the total cost of a staffing plan, including the cost of regular wages, hiring, and layoffs using a chase strategy with hiring and layoffs, but no overtime? b. What is the total cost of the staffing plan, using a level strategy in which no overtime is allowed and the undertime paid for? c. Suppose that overtime is allowed up to 25% of the regular-time capacity, and that overtime wages are 150% of the regular-time rate. What is the total cost of the level strategy with overtime and undertime that also minimizes undertime? a) Prepare a staffing plan using Chase Strategy Period 1 2 3 4 5 6 Total Forecasted demand (workers) 7 8 9 11 12 7 Workforce level (workers) -3 1 1 2 1 -5 Undertime (hours) Overtime (hours) Utilized time (hours) Hires (workers) Layoffs (workers) Total Cost = b) Prepare a staffing plan using Level Strategy without Overtime Period 1 2 3 4 5 6 Total Forecasted demand (workers) Workforce level (workers) Undertime (hours) Overtime (hours) Utilized time (hours) Hires (workers) Layoffs (workers) Total Cost = c) Prepare a staffing plan using Level Strategy with Overtime Period 1 2 3 4 5 6 Total Forecasted demand (workers) Workforce level (workers) Undertime (hours) Overtime (hours) Utilized time (hours) Hires (workers) Layoffs (workers) Total Cost =
Discuss your understanding of bundling as well as the advantages and disadvantages of bundling. Reference Intermodal Transportation Class, it must be at least 250 words, and APA format too.
teakap inc. has current assets of 1456312 and total assets of 4812369 for the year ending september 30 2006. it also
Shaping the culture and values of an organization is one of the primary duties or the 21st Century Organizational Leader. Within the framework of Cultural Leadership we find a term Values-Based Leadership. In no less than 500 words describe who the V..
A plastic injection molding unit is generating consumer grade keyboard shells. bullet The chief engineer suspects that a number of factors are affecting the overall weight of the shell. bullet The shipping manager has a concern that due to internatio..
you are completing your project planning activities for the project you have been assigned to manage. the remaining
Historically, managed care organizations and now ACA provisions emphasize physicians’ responsibilities to control patient access to expensive specialty care. Some argue that physicians’ incentives to control patient access to specialty care are uneth..
The supervisor at the American airline check-in counter observes the following process characteristics: the average amount of a passenger spends on check-in is 25 minutes from start to end; there is, on average, one customer exiting the check-in coun..
Describe the changes that many service organizations are making to enhance the process of service recovery. Give an example of such a change that could enhance service recovery for dissatisfied students at your college or university.
Decision makers in queuing situations attempt to balance
Reflect upon your experiences throughout the course. What was the most surprising thing you learned about project management and why? What was the most challenging concept studied? What are you most likely to use as a current or future project manage..
Minimize the advertising budget.
Identify the resources, internal agents, and external agents associated with each of the following events in the finance process: Cash Requisition (Instigation) event, Loan (Mutual commitment) event, Stock Issuance (Commitment to Increment) event
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