The daily demand for substitute teachers in the Metro Manila public school system follows the probability distribution given in the table below. The agency head wants to know how many teachers they must keep in the substitute teacher pool. Whether or not the substitute teacher is needed, it costs PhP900 per day to keep a teacher in the pool. However, if not enough substitute teachers are available on a given day, regular teachers are used to cover the classes at a cost of PhP1650 per regular teacher.   Number Needed Probability 200 0.03 275 0.03 350 0.03 400 0.05 450 0.4 500 0.3 550 0.06 600 0.07 650 0.03 1 What is the critical ratio? 2 How many substitute teachers should be kept in the pool? 3 What is the total expected cost?

A First Course in Probability (10th Edition)
10th Edition
ISBN:9780134753119
Author:Sheldon Ross
Publisher:Sheldon Ross
Chapter1: Combinatorial Analysis
Section: Chapter Questions
Problem 1.1P: a. How many different 7-place license plates are possible if the first 2 places are for letters and...
icon
Related questions
Question

The daily demand for substitute teachers in the Metro Manila public school system follows the probability distribution given in the table below. The agency head wants to know how many teachers they must keep in the substitute teacher pool. Whether or not the substitute teacher is needed, it costs PhP900 per day to keep a teacher in the pool. However, if not enough substitute teachers are available on a given day, regular teachers are used to cover the classes at a cost of PhP1650 per regular teacher.

 

Number Needed Probability

200 0.03

275 0.03

350 0.03

400 0.05

450 0.4

500 0.3

550 0.06

600 0.07

650 0.03

1 What is the critical ratio?

2 How many substitute teachers should be kept in the pool?

3 What is the total expected cost?

 

 

 

Expert Solution
trending now

Trending now

This is a popular solution!

steps

Step by step

Solved in 3 steps

Blurred answer
Similar questions
Recommended textbooks for you
A First Course in Probability (10th Edition)
A First Course in Probability (10th Edition)
Probability
ISBN:
9780134753119
Author:
Sheldon Ross
Publisher:
PEARSON
A First Course in Probability
A First Course in Probability
Probability
ISBN:
9780321794772
Author:
Sheldon Ross
Publisher:
PEARSON