Exhibit 4-2 a Construction Company Is Preparing for a Nine-Month Project, and Project

question 13

Essay

Exhibit 4-2
A construction company is preparing for a nine-month project, and will need to develop a staffing plan. The company can assign up to 30 of its own full-time employees to the project, and will hire short-term contract employees to make up any shortage in meeting the personnel requirements. Company employees earn $6,000 per month, while short-term contract employees make $8,600/month. Contract employees can be assigned to the project beginning in any month, and their contract period is two months. The number of workers required for the project by month is shown below:

-Refer to Exhibit 4-2.Determine the optimal staffing plan for the project.

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Definitions:

Agricultural Act

Legislation that regulates agricultural production, marketing, and subsidies.

Crop Insurance Programs

Government or private insurance schemes that compensate farmers for losses to their crops due to natural disasters or adverse weather conditions.

Household Income

The combined gross income of all members of a household, typically measured on an annual basis.

Food Expenditures

The amount of money spent on food by individuals, households, or countries.