TABLE 2 - TURNOVER EMPLOYEE CATEGORY YEAR 1 YEAR 2 YEAR 3 OLD BRANCH SUPERVISORS OLD BRANCH TELLERS MAIN OFFICE NEW BRANCH SUPERVISORS NEW BRANCH TELLERS TABLE 3 NUMBER OF EMPLOYEES TO BE HIRED EMPLOYEE CATEGORY YEAR 1 YEAR 2 YEAR 3 OLD BRANCH SUPERVISORS OLD BRANCH TELLERS MAIN OFFICE NEW BRANCH SUPERVISORS NEWI BRANCH TELLERS TOTALS TABLE 4 YEAR-END EMPLOYMENT EMPLOYEE CATEGORY YEAR 1 YEAR 2 YEAR 3 OLD BRANCH SUPERVISORS OLD BRANCH TELLERS MAIN OFFICE NEW BRANCH SUPERVISORS NEWI BRANCH TELLERS TOTALS In order to complete your assignment, your boss has told you to make a number of assumptions. They are: A. You are making all projections in December for subsequent years ending December 31. B. With regard to old branches, assume 1. The 50 old branches employ 4 supervisors and 10 clerical personnelftellers each. 2. On December 31 [one year hence) 30 teller machines are placed in operation and replace 30 tellers. 3. The bank does not terminate any employees because of the new teller machines. Rather, as tellers quit throughout the year, 30 are not replaced. 4. Turnover is 30 percent for tellersfclerical personnel, and 20 percent for supervisors. C. With regard to new branches, assume 1. New branches are added as follows: 10 in Year 1, 12 in Year 2, and 15 in Year 3. 2. Each new branch employs 14 individuals [4 supervisors and 10 tellersfclericall. 3. New branches are added evenly throughout the year. Thus, for the purpose of calculating turnover, on average, there are 5 new branches in Year 1 {50% x 10}; 16 in Year 2 [10 in Year 1 plus 5 {50% x 12)]; and 30 in Year 3 [22 plus B [50% x 16]]. 4. Turnover is 30 percent for tellersfclerical personnel, and 20 percent for supervisors. D. With regard to the main office, assume that turnover will be 10 percent per year