Question
Corsouth Mortgage Associates is a large home mortgage firm in the Southeast. It has a pool of permanent and temporary computer operators who process mortgage
Corsouth Mortgage Associates is a large home mortgage firm in the Southeast. It has a pool of permanent and temporary computer operators who process mortgage accounts, including positing payments and updating escrow accounts for insurance and taxes. A permanent operator can process 220 accounts per day, and a temporary operator can process 140 accounts per day. On average, the firm must process and update at least 6,300 accounts daily. The company ahs 32 computer workstatios available. Permanent and temporary operators work 8 hours per day. A permanent operator averages 0.4 error per day, where as a temporary operator averages 0.9 error per day. The company wants to limit errors to 15 per day. A permanent operator is paid $120 per day whereas a temporary operator is paid $75 per day. Corsouth wants to determine the number of permanent and temporary operators it needs to minimize cost. Formulate, and solve an integar programming model for this problem and compare this solution to the non-integar solution.
Please show in excel
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