Davis will incur a training cost of $$875,$ but will incur no additional training cost if the

employee is on a two$-$ or three$-$month contract.

After developing an optimization model $($The model is developed in class $3/14.$ You can

also find it on BB$.)$ that determines the number of temporary employees Davis should

hire each month under each contract plan in order to meet the projected needs at a

minimum total cost, we obtain the following hiring plan:

Suppose that Davis hired $10$ full$-$time employees at the beginning of January in order to

satisfy part of the labor requirements over the next six months. If Davis can hire full$-$

time employees for $$16\mathrm{.}50$ per hour, including fringe benefits, what effect would it have

on total labor and training costs over the six$-$month period as compared to hiring only

temporary employees? Assume that full$-$time and temporary employees both work

approximately $160$ hours per month. Solve the model in Excel spreadsheet $($you do not

need to show the mathematic form$)$ and provide a recommendation regarding the

decision to hire additional full$-$time employees.