Clancy's Casino, in Muledeer, Nevada, Is Open 24 Hours a Day

question 38

Essay

Clancy's Casino, in Muledeer, Nevada, is open 24 hours a day, seven days a week.Along with all the other attractions and diversion, Clancy's operates a variety of gaming tables.Dealers at these tables are interchangeable.The casino has the following daily requirements for dealers: $\begin{array} { c c } \text { Time } & \text { Minimum \# of dealers } \\0100 - 0500 & 7 \\0500 - 0900 & 4 \\0900 - 1300 & 9 \\1300 - 1700 & 12 \\1700 - 2100 & 15 \\2100 - 0100 & 17\end{array}$
A dealer may start work at the beginning of any one of the six shifts and, having begun, works eight consecutive hours.Find the employee schedule that minimizes the total number of dealers required, meeting the minimum level of each shift's requirements.

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Definitions:

Gross Margin

A company's total sales revenue minus its cost of goods sold, divided by the total sales revenue, expressed as a percentage.

Consolidated Statement

A financial report that incorporates the assets, liabilities, equity, income, and cash flows of a parent company and its subsidiaries.

Current Liabilities

Short-term financial obligations that are due within one year or within the normal operating cycle.

Goodwill Impairment

Refers to the process of revising the value of goodwill downwards if the valuation of the acquired entity falls below the value recorded on the balance sheet.