A linear programming computer package is needed. Western Family Steakhouse offers a variety of low-cost meals and quick service. Other than management, the steakhouse operates with two full-time employees who work 8 hours per day. The rest of the employees are part-time employees who are scheduled for 4-hour shifts during peak meal times. On Saturdays the steakhouse is open from 11:00 a.m. to 10:00 p.m. Management wants to develop a schedule for part-time employees that will minimize labor costs and still provide excellent customer service. The average wage rate for the part-time employees is $7.60 per hour. The total number of full-time and part-time employees needed varies with the time of day as shown. Time Number of Employees Needed 11:00 a.m.–Noon 9 Noon–1:00 p.m. 9 1:00 p.m.–2:00 p.m. 9 2:00 p.m.–3:00 p.m. 3 3:00 p.m.–4:00 p.m. 3 4:00 p.m.–5:00 p.m. 3 5:00 p.m.–6:00 p.m. 6 6:00 p.m.–7:00 p.m. 12 7:00 p.m.–8:00 p.m. 12 8:00 p.m.–9:00 p.m. 7 9:00 p.m.–10:00 p.m. 7 One full-time employee comes on duty at 11:00 a.m., works 4 hours, takes an hour off, and returns for another 4 hours. The other full-time employee comes to work at 1:00 p.m. and works the same 4-hours-on, 1-hour-off, 4-hours-on pattern. (a) Develop a minimum-cost schedule for part-time employees. (Let xi = the number of part-time employees who start work beginning at hour i where i = 1 = 11:00 a.m., i = 2 = Noon, etc). Min s.t.11:00 a.m. Noon 1:00 p.m. 2:00 p.m. 3:00 p.m. 4:00 p.m. 5:00 p.m. 6:00 p.m. 7:00 p.m. 8:00 p.m. 9:00 p.m. x1, x2, x3, x4, x5, x6, x7, x8 ≥ 0 Find the optimal solution. (x1, x2, x3, x4, x5, x6, x7, x8) = (b) What is the total payroll (in $) for the part-time employees? $ How many part-time shifts are needed? shifts Use the surplus variables to comment on the desirability of scheduling at least some of the part-time employees for 3-hour shifts. This answer has not been graded yet. (c) Assume that part-time employees can be assigned either a 3-hour or a 4-hour shift. Develop a minimum-cost schedule for the part-time employees. (Let xi be the same variables from part a. Let yi = the number of part-time employees who start work beginning at hour i where i = 1 = 11:00 a.m., i = 2 = Noon, etc). Min s.t.11:00 a.m. Noon 1:00 p.m. 2:00 p.m. 3:00 p.m. 4:00 p.m. 5:00 p.m. 6:00 p.m. 7:00 p.m. 8:00 p.m. 9:00 p.m. x1, x2, x3, x4, x5, x6, x7, x8, y1, y2, y3, y4, y5, y6, y7, y8, y9 ≥ 0 Find the optimal solution. (x1, x2, x3, x4, x5, x6, x7, x8, y1, y2, y3, y4, y5, y6, y7, y8, y9) = How many part-time shifts are needed, and what is the cost savings (in $) compared to the previous schedule? part-time shifts neededcost savings$
Critical Path Method
The critical path is the longest succession of tasks that has to be successfully completed to conclude a project entirely. The tasks involved in the sequence are called critical activities, as any task getting delayed will result in the whole project getting delayed. To determine the time duration of a project, the critical path has to be identified. The critical path method or CPM is used by project managers to evaluate the least amount of time required to finish each task with the least amount of delay.
Cost Analysis
The entire idea of cost of production or definition of production cost is applied corresponding or we can say that it is related to investment or money cost. Money cost or investment refers to any money expenditure which the firm or supplier or producer undertakes in purchasing or hiring factor of production or factor services.
Inventory Management
Inventory management is the process or system of handling all the goods that an organization owns. In simpler terms, inventory management deals with how a company orders, stores, and uses its goods.
Project Management
Project Management is all about management and optimum utilization of the resources in the best possible manner to develop the software as per the requirement of the client. Here the Project refers to the development of software to meet the end objective of the client by providing the required product or service within a specified Period of time and ensuring high quality. This can be done by managing all the available resources. In short, it can be defined as an application of knowledge, skills, tools, and techniques to meet the objective of the Project. It is the duty of a Project Manager to achieve the objective of the Project as per the specifications given by the client.
Time | Number of Employees Needed |
---|---|
11:00 a.m.–Noon | 9 |
Noon–1:00 p.m. | 9 |
1:00 p.m.–2:00 p.m. | 9 |
2:00 p.m.–3:00 p.m. | 3 |
3:00 p.m.–4:00 p.m. | 3 |
4:00 p.m.–5:00 p.m. | 3 |
5:00 p.m.–6:00 p.m. | 6 |
6:00 p.m.–7:00 p.m. | 12 |
7:00 p.m.–8:00 p.m. | 12 |
8:00 p.m.–9:00 p.m. | 7 |
9:00 p.m.–10:00 p.m. | 7 |
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