During each year, CSL Computer Company needs to train 27 service representatives. It costs $12,000 to run

Question:

During each year, CSL Computer Company needs to train 27 service representatives. It costs $12,000 to run a training program, regardless of the number of students being trained. Service reps earn a monthly salary of $1500, so CSL does not want to train them before they are needed. Each training session takes one month.

a. State the assumptions needed for the EOQ model to be applicable.

b. How many service reps should be in each training group?

c. How many training programs should CSL under-take each year?

d. How many trained service reps will be available when each training program begins?

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question

Practical Management Science

ISBN: 1497

5th Edition

Authors: Wayne L. Winston, Christian Albright

Question Posted: