1.
Davis
Instruments
Davis Instruments has two manufacturing plants located in
Atlanta, Georgia. Product demand varies
considerably from month to month, causing Davis extreme difficulty in workforce
scheduling. Recently Davis started
hiring temporary workers supplied by workforce unlimited, a company that
specializes in providing temporary employees for firms in the greater Atlanta
area. WorkForce Unlimited offered to
provide temporary employees under three contract options that differ in terms
of the length of employment and the cost.
The three options are summarized:
Option
Length
of Employment
Cost
1
One month
$2,000
2
Two months
$4,800
3
Three
$7,500
The longer contract periods are more expensive because
WorkForce Unlimited experiences greater difficulty finding temporary workers
who are willing to commit to longer work assignments.Over the next six months,
David projects the following needs for additional employees:
Month
January
February
March
April
May
June
Employees
Needed
10
23
19
26
20
14
Each month, Davis can hire as many temporary employees as
needed under each of the three options.
For instance, if Davis hires five employees in January under Option2,
WorkForce Unlimited will supply Davis with five temporary workers who will work
two months: January and February. For
these workers, Davis will have to pay 5 ($4800) = $24,000. Because of some
merger negotiations under way, Davis does not want to commit to any contractual
obligations for temporary employees that extend beyond June.
DavisΓ’ΒΒs
quality control program requires each temporary employee to receive training at
the time of hire. The training program
is required even if the person worked for Davis Instruments in the past. Davis estimates that the cost of training is
$875 each time a temporary employee is hired.
Thus, if a temporary employee is hired for one month. Davis will incur a training cost of $875,but
will incur no additional training cost if the employee is on a two-or
three-month contract.
Managerial
Report
Develop a model that can be used to determine the number of
temporary employees Davis should hire each month under each contract plan in
order to meet the projected needs at a minimum total cost. Include the following items in your report:
a) A
schedule that shows the number of temporary employees that Davis should hire
each month for each contract option.
b) If
the cost to train each temporary employee could be reduce to $700 per month,
what effect would this change have on the hiring plan? Explain. Discuss the implications that this
effect on the hiring plan has for identifying methods for reducing training
costs. How much of a reduction in
training costs would be required to change the hiring plan based on a training
cost of $875 per temporary employee?
2.
Carlson
Department Store (Forecasting)
The Carlson Department Store suffered heavy damage when a
hurricane struck on August 31. The store
was closed for four months (September through December), and Carson is now
involved in a dispute with its insurance company about the amount of lost sales
during the time the store was closed.
Two key issues must be resolved: (1) the amount of sales Carlson would
have made if the hurricane had not struck, and (2) whether Carlson is entitled
to any compensation for excess sales due to increased business activity after
the storm. More than $8 billion in
federal disaster relief and insurance money came into the county, resulting in
increased sales at department stores and numerous other businesses.
The
attached excel file give CarlsonΓ’ΒΒs sales data for the 48 months preceding the
storm. Tale 15.20 reports total sales
for the 48 months preceding the storm for all department stores in the county,
as well as the total sales in the county for the four months the Carlson
Department Store was closed. CarlsonΓ’ΒΒs
managers asked you to analyze these data and develop estimates of the lost
sales at the Carlson Department Store for the months of September through
December. They also asked you to
determine whether a case can be made, Carlson is entitled to compensation for
excess sales it would have earned in addition to ordinary sales.
Carlson Department Store
.png”>
County Sales
Month
Year 1
Year 2
Year 3
Year 4
Year 5
January
46.8
46.8
43.8
58
February
48
48.6
45.6
51.6
March
60
59.4
57.6
57.6
April
57.6
58.2
53.4
58.2
May
61.8
60.6
56.4
60
June
58.2
55.2
52.8
57
July
56.4
51
54
57.6
August
63
58.8
60.6
61.8
September
55.8
57.6
49.8
47.4
69
October
56.4
53.4
54.6
54.6
75
November
71.4
71.4
65.4
67.8
85.2
December
117.6
114
102
100.2
121.8
Managerial
Report
Prepare a report for the managers of the Carlson Department
Store that summarizes your findings, forecast, and recommendations. Include the following:
a)
An
estimate of sales for Carlson Department Store had there been no hurricane
b)
An
estimate of countywide department store sales had there been no hurricane
c)
An
estimate of lost sales for the Carlson Department Store for September through
December
d)
In
addition, use the countywide actual department stores sales for September
through December and the estimate in part (2) to make a case for or against
excess storm-related sales.
e)
How
accurate are the above models?
π¦πΊ Writing for Australian Universities
- AGLC4 (law), APA 7th, Harvard (Business), Vancouver (Health Sciences)
- Grading: HD (85-100%), D (75-84%), C (65-74%), P (50-64%)
- UniMelb, UNSW, ANU, Monash, UQ, UWA standards covered
- Australia uses British English spelling conventions
- Turnitin is widely used β all work is checked before delivery
Australia Pricing Guide
How It Works β 3 Simple Steps
Fill In Your Order Form
Provide your topic, academic level, deadline, referencing style, and any specific instructions or rubric criteria.
Get Matched with a Writer
We assign the best-qualified expert in your subject, familiar with Australia university requirements.
Receive & Review
Download your plagiarism-free paper, review it, and request any free revisions within 14 days if needed.
Frequently Asked Questions
Is this service plagiarism-free?
Yes. Every paper is written from scratch by a human expert to your specific instructions. We run all papers through professional plagiarism detection software and can include a Turnitin-equivalent report on request.
Do your writers know Australia academic standards?
Yes. Our writers are familiar with Australia's university systems, citation styles, and marking conventions. You'll get a paper that meets your institution's exact expectations.
What citation styles do you support for Australia?
We support all major citation styles required by Australia universities, including APA 7th, Harvard, Chicago/Turabian, MLA, OSCOLA, Vancouver, and IEEE.
Can you write just one chapter of my dissertation?
Yes. We write individual dissertation chapters β literature reviews, methodology, data analysis, introductions, conclusions β or the full manuscript from proposal to defence-ready submission.