PART II The North Shore Bank is working to develop an efficient work schedule for full-time and part-time tellers. The schedule must provide for efficient operation of the bank, including adequate customer service and employee breaks. The bank is open from 9:00 a.m. to 7:00 p.m. The number of tellers necessary to provide adequate customer service during each hour of operation is as follows: Time 9:00 a.m.-10:00 a.m. 6 No. of Tellers 10:00 a.m.-11:00 a.m. 4 11:00 a.m.-Noon Noon-1:00 p.m. 8 10 1:00 p.m.-2:00 p.m. 9 2:00 p.m.-3:00 p.m. 6 3:00 p.m.-4:00 p.m. 4 4:00 p.m.-5:00p.m. 7 5:00 p.m.-6:00 p.m. 6 6:00 p.m.-7:00 p.m. 6 Each full-time employee starts on the hour and works a 4-hour shift, followed by a 1- hour break and then a 3-hour shift. Part-time employees work one 4-hour shift beginning on the hour. Considering salary and fringe benefits, full-time employees cost the bank $15 per hour ($105 a day), and part-time employees cost the bank $8 per hour ($32 per day). The bank manager also needs to ensure that one full-time employee is on duty at all times and that there is a staff of at least five full-time employees. Develop an integer linear optimization model to determine how many of each type of employee should start working at each of the 10 hours of operation. Hint: use 3 integer decision variables for full-time employees (1 variable for each start hour 9, 10, and 11), and 7 integer decision variables for part-time employees (1 variable for each start hour 9, 10, 11, 12, 1, 2, and 3).
PART II The North Shore Bank is working to develop an efficient work schedule for full-time and part-time tellers. The schedule must provide for efficient operation of the bank, including adequate customer service and employee breaks. The bank is open from 9:00 a.m. to 7:00 p.m. The number of tellers necessary to provide adequate customer service during each hour of operation is as follows: Time 9:00 a.m.-10:00 a.m. 6 No. of Tellers 10:00 a.m.-11:00 a.m. 4 11:00 a.m.-Noon Noon-1:00 p.m. 8 10 1:00 p.m.-2:00 p.m. 9 2:00 p.m.-3:00 p.m. 6 3:00 p.m.-4:00 p.m. 4 4:00 p.m.-5:00p.m. 7 5:00 p.m.-6:00 p.m. 6 6:00 p.m.-7:00 p.m. 6 Each full-time employee starts on the hour and works a 4-hour shift, followed by a 1- hour break and then a 3-hour shift. Part-time employees work one 4-hour shift beginning on the hour. Considering salary and fringe benefits, full-time employees cost the bank $15 per hour ($105 a day), and part-time employees cost the bank $8 per hour ($32 per day). The bank manager also needs to ensure that one full-time employee is on duty at all times and that there is a staff of at least five full-time employees. Develop an integer linear optimization model to determine how many of each type of employee should start working at each of the 10 hours of operation. Hint: use 3 integer decision variables for full-time employees (1 variable for each start hour 9, 10, and 11), and 7 integer decision variables for part-time employees (1 variable for each start hour 9, 10, 11, 12, 1, 2, and 3).
Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
Section: Chapter Questions
Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...
Related questions
Question
A). What is the bank's lowest total cost?
(Express you answer in $)
B). How many full-time employees should start working at 10am?
C). How many full-time employees should be working during 10am to 11am?
Transcribed Image Text:PART II
The North Shore Bank is working to develop an efficient work schedule for full-time
and part-time tellers. The schedule must provide for efficient operation of the bank,
including adequate customer service and employee breaks. The bank is open from
9:00 a.m. to 7:00 p.m. The number of tellers necessary to provide adequate customer
service during each hour of operation is as follows:
Time
9:00 a.m.-10:00 a.m. 6
No. of Tellers
10:00 a.m.-11:00 a.m. 4
11:00 a.m.-Noon
Noon–1:00 p.m.
8
10
1:00 p.m. -2:00 p.m. 9
2:00 p.m.-3:00 p.m. 6
3:00 p.m.-4:00 p.m. 4
4:00 p.m.-5:00p.m. 7
5:00 p.m.-6:00 p.m. 6
6:00 p.m.-7:00 p.m. 6
Each full-time employee starts on the hour and works a 4-hour shift, followed by a 1-
hour break and then a 3-hour shift. Part-time employees work one 4-hour shift
beginning on the hour. Considering salary and fringe benefits, full-time employees
cost the bank $15 per hour ($105 a day), and part-time employees cost the bank $8
per hour ($32 per day). The bank manager also needs to ensure that one full-time
employee is on duty at all times and that there is a staff of at least five full-time
employees.
Develop an integer linear optimization model to determine how many of each type of
employee should start working at each of the 10 hours of operation. Hint: use 3
integer decision variables for full-time employees (1 variable for each start hour 9, 10,
and 11), and 7 integer decision variables for part-time employees (1 variable for each
start hour 9, 10, 11, 12, 1, 2, and 3).
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