Answered step by step
Verified Expert Solution
Question
1 Approved Answer
PharmaPlus operates a chain of 3 0 pharmacies. The pharmacies are staffed by licensed pharmacists and pharmacy technicians. The company currently employs 1 0 0
PharmaPlus operates a chain of pharmacies. The pharmacies are staffed by licensed pharmacists and pharmacy technicians. The company currently employs fulltimeequivalent pharmacists combination of full time and part time and fulltimeequivalent technicians. Each spring management reviews current staffing levels and makes hiring plans for the year. A recent forecast of the prescription load for the next year shows that at least fulltimeequivalent employees pharmacists and technicians will be required to staff the pharmacies. The personnel department expects pharmacists and technicians to leave over the next year. To accommodate the expected attrition and prepare for future growth, management states that at least new pharmacists must be hired. In addition, PharmaPluss new service quality guidelines specify no more than two technicians per licensed pharmacist. The average salary for licensed pharmacists is $ per hour and the average salary for technicians is $ per hour.
Determine a minimumcost staffing plan for PharmaPlus. How many pharmacists and technicians are needed?
Let P number of fulltime equivalent pharmacists
T number of fulltime equivalent technicians
fill in the blank
P fill in the blank
T
st
fill in the blank
P fill in the blank
T
fill in the blank
Fulltimeequivalent employees
fill in the blank
P fill in the blank
T
fill in the blank
Quality guideline
fill in the blank
P
fill in the blank
Number of pharmacists
The optimal solution requires fill in the blank
fulltime equivalent pharmacists and fill in the blank
fulltime equivalent technicians. The total cost is $fill in the blank
per hour.
Given current staffing levels and expected attrition, how many new hires if any must be made to reach the level recommended in part a
New Hires Required
Pharmacists fill in the blank
Technicians fill in the blank
What will be the impact on the payroll?
The payroll cost will
by $ fill in the blank
per hour.
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started