The manager of the customer service department at a bank can hire employees with a high school degree (HS) who earn $10,000 annually or employees with a bachelor's degree (B) who earn $20,000. The manager wants to maximize the number of customers served given a fixed payroll. Worker Number of Additional Customers Served High School Degree Bachelor's Degree 1st 80 90 2nd 60 80 3rd 50 60 4th 40 40 5th 35 35 6th 30 25 Given the information in the table, if the manager's payroll is $120,000, what should be done to maximize the number of customers served? What is the math behind this? Do I just look back and select which degrees equal 0.5? That would take a lot of manual work to do that. Is their an easier way?
The manager of the customer service department at a bank can hire employees with a high school degree (HS) who earn $10,000 annually or employees with a bachelor's degree (B) who earn $20,000. The manager wants to maximize the number of customers served given a fixed payroll.
Worker Number of Additional Customers Served
High School Degree Bachelor's Degree
1st 80 90
2nd 60 80
3rd 50 60
4th 40 40
5th 35 35
6th 30 25
Given the information in the table, if the manager's payroll is $120,000, what should be done to maximize the number of customers served?
What is the math behind this? Do I just look back and select which degrees equal 0.5? That would take a lot of manual work to do that. Is their an easier way?
Step by step
Solved in 3 steps
