Discussion Post
• What is the minimum-cost schedule for the bank?
• What are the limitations of the model used to answer question 1?
• Costs might be reduced by relaxing the constraint that no more than 40% of the day's requirement be met by part-timers. Would changing the 40% to a higher value significantly reduce costs?
The response should include a reference list. Using one-inch margins, Times New Roman 12 pnt font, double-space and APA style of writing and citations.
Source: Adapted from Shyam L. Moondra. "An L. P. Model for Work Force Scheduling for Banks," Journal of Bank Research (Winter 1976): 299-301.