A financial services firm is opening a branch and they need to make staffing decisions
A financial services firm is opening a branch and they need to make staffing decisions. Administrative assistants are worth $100 in weekly profit, but they require $100 from the technology budget and 50 ft2 of office space. Attorneys bring in $2000 a week in profit, while using $100 from the technology budget and 400 ft2 of office space. Analysts are worth $500 a week in profit and use $1000 from the technology budget and 100 ft2 of office space. Finally, the traders are worth $1500 a week in profit, but require $200 from the technology budget and 400 ft2 of space. The office needs to have at least 4 administrative assistants and 10 analysts. There are only 4 attorneys available for the new office, and you can bring at most 50 people to the new branch. The technology budget is $20,000 per week, and the new office has 12,000 ft2 of space available.
Give the LP Model and Excel Solver to find the optimal solution.
- 7 years ago
- 5
Purchase the answer to view it
- 8.pdf
- ACC305 Wk 2 DQ1 Earnings Management Case 4-3
- ACC 280 WK 5 WITH FINAL SOLUTIONS
- Short Essay for A-Plus Writer only
- Global Economy: Between Free Trade and Protectionism
- Elements of Religious Traditions Paper
- sports performance and evaluation
- - presentation and user manual
- 301wk 8
- DeVry PROJ 595 Week 3 Course Project
- ACC 291 Week 5 MCQ finals
A financial services firm is opening a branch and they need to make staffing decisions. Administrative
NOT RATEDA financial services firm is opening a branch and they need to make staffing decisions. Administrative assistants are worth $100 in weekly profit, but they require $100 from the technology budget and …
6 years ago