PharmaPlus operates a chain of 30 pharmacies. The pharmacies are staffed by licensed pharmacists and pharmacy technicians. The company currently employs 105 full-time-equivalent pharmacists (combination of full time andpart time) and 175 full-time-equivalent technicians. Each spring management reviews current staffing levels and makes hiring plans for the year. A recent forecast of the prescription load for the next year shows that at least 320full-time-equivalent employees (pharmacists and technicians) will be required to staff the pharmacies. The personnel department expects 10 pharmacists and 30 technicians to leave over the next year. To accommodate theexpected attrition and prepare for future growth, management states that at least 15 new pharmacists must be hired. In addition, PharmaPlus's new service quality guidelines specify no more than two technicians per licensedpharmacist. The average salary for licensed pharmacists is $45 per hour and the average salary for technicians is $25 per hour.a. Determine a minimum-cost staffing plan for PharmaPlus. How many pharmacists and technicians are needed? If your answer is zero, enter "0". If the constant is "1" it must be entered in the box.Let P = number of full-time equivalent pharmacistsT = number of full-time equivalent technicianss.t.PharmacistsTechniciansP+What will be the impact on the payroll?The payroll cost willPPNew Hires Requiredby $The optimal solution requiresfull-time equivalent pharmacists andb. Given current staffing levels and expected attrition, how many new hires (if any) must be made to reach the level recommended in part (a)?Tper hour.TEFull-time-equivalent employeesQuality guidelineNumber of pharmacistsfull-time equivalent technicians. The total cost is $per hour.

The number of full time equivalent pharmacists be P. The number of full time equivalent technicians…

Answered: pharmacist. The average salary for…

Advanced Engineering Mathematics

10th Edition

ISBN:9780470458365

Author:Erwin Kreyszig

Publisher:Erwin Kreyszig

Chapter2: Second-order Linear Odes

Section: Chapter Questions

Problem 1RQ

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