Bob Smith's golf camp estimates that each employee requirements for its services over the next two years in the table below.
Quarter 1 2 3 4 5 6 7 8
Demand ? 4,200 6,400? 3,000 4,800? 4,400 6,240? 3,600 4,800
Each employee puts in 480 hours per quarter regular time and can work an additional 120 hours? overtime. Regular-time wages and benefits cost ? $ 17,500 per employee per quarter for regular time worked up to 480 hours, with an overtime cost of? $50 per hour. Unused regular time for employees is paid at? $35 per hour. There is no cost for unused overtime capacity. The cost of? hiring, training, and certifying a new employee is? $10,000. Layoff costs are? $4,000 per employee. Currently 8 employees work in this capacity.
Assume that Bob Smith is permitted to employ some? assistants, provided they represent no more than 15 percent of the total assistance hours in any quarter. Each? part-time assistant can work up to 240 hours per?quarter, with no overtime or under-time cost. Labor costs for? part-time assistants are $20 per hour. Hiring and training costs are $1,750 per? assistant, and there are no layoff costs.
Please show all work and help to obtain total costs for level staffing plan.