Each hour from 10 A.M. to 7 P.M., a bank receives checks and must process them. Its

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Each hour from 10 A.M. to 7 P.M., a bank receives checks and must process them. Its goal is to process all checks the same day they are received. The bank has 13 check processing machines, each of which can process up to 500 checks per hour. It takes one worker to operate each machine. The bank hires both full-time and part-time workers. Full-time workers work 10 A.M. to 6 P.M., 11 A.M. to 7 P.M., or noon to 8 P.M. and are paid $160 per day. Part-time workers work either 2 P.M. to 7 P.M. or 3 P.M. to 8 P.M. and are paid $75 per day. The numbers of checks received each hour are listed in the file S14_100.xlsx. In the interest of maintaining continuity, the bank believes that it must have at least three full-time workers under contract. Develop a work schedule that processes all checks by 8 P.M. and minimizes daily labor costs.

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Data Analysis And Decision Making

ISBN: 415

4th Edition

Authors: Christian Albright, Wayne Winston, Christopher Zappe

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