Find a level workforce plan that relies just on overtime and the minimum amount of undertime...
Find a level workforce plan that relies just on overtime and the minimum amount of undertime possible. Overtime can be used to its limits in any quarter. What is the total cost of the plan?
$954200 (Enter your response as an integer.)
How many undertime hours does it call for? 21500
hours. (Enter your response as an integer.)
b. Use a chase strategy that varies the workforce level without using overtime or undertime. What is the total cost of this plan?
$720,600 (Enter your response as an integer.)
c. Consider the following proposed plan, for a different demand schedule, that combines the strategy of hiring, layoffs, and utilizing overtime. Payroll costs are
$6,000 in wages per worker for regular time worked, with an overtime pay rate of $ 20 for each overtime hour. The cost of hiring a worker is $3,400,
and the cost of laying off a worker is $1,400.
|
Quarter |
Demand (hours) |
Workforce |
Hires |
Layoffs |
Overtime (hours) |
|
1 |
6,000 |
12 |
1 |
||
|
2 |
12,000 |
24 |
12 |
||
|
3 |
19,000 |
31 |
7 |
3,500 |
|
|
4 |
9,000 |
18 |
13 |
||
|
Total |
85 |
20 |
13 |
3,500 |
The total cost for this plan would be
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Find a level workforce plan that relies just on overtime and the
minimum amount of undertime...
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