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. of GETTING STARTED Open the file Ferguson Fitness.xlsx Bruce and Doug Ferguson started Ferguson Fitness, providing comprehensive private and corporate fitness programs in Philadelphia,
. of GETTING STARTED Open the file Ferguson Fitness.xlsx Bruce and Doug Ferguson started Ferguson Fitness, providing comprehensive private and corporate fitness programs in Philadelphia, PA. They would like to include 3rd party Fitness providers to help them to minimize operating costs and they are asking for your recommendation They want to determine what is the optimum number of Hours provided by each Fitness Provider (Express, FitPros, Universal) that would allow them to minimize Total Costs. A screen shot of their current situation is shown below as well as the Constraints that they would like to include in the decision. Requirements 1) Determine the amount of hours provided by each Fitness Provider that will satisfy the requirements made by Ferguson Fitness (10 marks) 2) Include the Answer Report to support your decision (S marks) Constraints Total hours of fitness services provided = 600 Total Cast is less than or equal to $130,000 The maximum number of hours provided by each Fitness provider is less than or equal to 220 d. Hours provided by each 3rd party company should be an Integer a. b. Ferguson Fitness - Training Providers Express Total FitPrOS 200 Liniversal 244 156 Hours Provided 600 $ Fixed Costs Feed Cost Per Hour Variable Costs Variable Cost Per Hour Total Costs 19,000.00 $ 121.79 14.040.00 90.00 33,040 $ 24,000.00 $ 120 00 19,000.00 95.00 43,000 $ 28,500.00 116.80 20,740.00 85.00 49,240 $ S 125,280
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