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pool grows from 50 to 100. k. In comparison to having 1,250 permanent and 50 seasonal employees, assess whether TechLink would significantly benefit from
pool grows from 50 to 100. k. In comparison to having 1,250 permanent and 50 seasonal employees, assess whether TechLink would significantly benefit from carrying only 1,100 permanent employees but having 200 seasonal employees. 1. Consider the case in which TechLink has 1,250 permanent employees and 50 seasonal employees. Does TechLink gain more by eliminating its no-layoff policy for its permanent employees or by increasing the seasonal employee pool from 50 to 100? Assume that permanent employees can be hired or laid off at the same cost as the seasonal employees. Part Four: Incorporating elements from parts two and three, where outsourcing and hiring/layoff strategies are both permissible: m. Identify the optimal production schedule and calculate the associated annual cost. n. Evaluate part four with a chase strategy, aiming to minimize inventory levels. Calculate the cost of this chase production schedule. General Instructions 1. This assignment is a team assignment for 4 individuals. Collaboration between teams is not allowed. Don't ask to have more members in a group, please!!! 2. No assignments will be accepted after the deadline 4pm, April 4, 2024. 3. Assignment report is to be prepared in one single Excel file and submitted in Moodle. The Excel file will have separate worksheets related to each questions, named as a, b, ..., n. 4. Linear programs must be solved by using EXCEL SOLVER. 5. The input and modified data used in your EXCEL solutions must highlighted in yellow. 6. The responsibilities of the Group leader are: 1) organize meetings, 2) coordinate division of tasks among group members, 3) enforce completion deadlines. 7. Only the Group leader may communicate with the course instructor on matters related to this assignment. 8. The team member names must be filled in a separate worksheet of the excel file. 9. Copying solutions from others is a form of plagiarism, and will be dealt with in accordance with academic regulations.
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