Solve the Problem The Store Manager Also Knows That to Make the Store

question 121

Multiple Choice

Solve the problem.
-A large department store needs at least 3,200 labor hours covered per week. It employs full-time staff 40 hr/wk and part-time staff 30 hr/wk. The cost to employ a full-time staff member is more
Because the company pays benefits such as health care and life insurance. $$\begin{array} { l | c | c } & \text { Hours per Week } & \text { Cost per Hour } \\\hline \text { Full-time } & 40 & 20 \\\text { Part-time } & 30 & 13\end{array}$$ The store manager also knows that to make the store run efficiently, the number of full-time employees must
Be at least 1.25 times the number of part-time employees. Determine the number of full-time
Employees and the number of part-time employees that should be used to minimize the weekly labor
Cost. What is the minimum weekly cost to staff the store under these conditions.

• A) 40 full-time employees and 50 part-time employees for a minimum cost of $1,450.
• B) 50 full-time employees and 40 part-time employees for a minimum cost of $1,520.
• C) 40 full-time employees and 50 part-time employees for a minimum cost of $51,500.
• D) 50 full-time employees and 40 part-time employees for a minimum cost of $55,600.

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Definitions:

Treatments

In the context of experiments, interventions applied to subjects or conditions under study to observe potential changes.

Mean Square

The average of the squared differences from the mean, used in variance and ANOVA calculations.

Error

The difference between a measured or observed value and the true value, indicating inaccuracies in data collection or analysis.

Mean Square

A statistical measure representing the average of the squared differences from the mean, often used in variance and regression analysis.