An assembly line can produce 90 units per hour The lines hourly cost (total salaries of workers)
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An assembly line can produce 90 units per hour The lines hourly cost (total salaries of workers) is $4,315 an hour (the first 8 hours) Workers are guaranteed a minimum of 6 hours (ie, they will be paid for 6 hours per day, even if they work less than 6 hours) There is a 50 premium for overtime (ie, salary is increased 50 during overtime hours), however, productivity for overtime drops by 8 (ie, the number of units produced per hour drops 8) What is the total costs if 976 units needs to be produced?
Related Book For
Mathematical Applications for the Management Life and Social Sciences
ISBN: 978-1305108042
11th edition
Authors: Ronald J. Harshbarger, James J. Reynolds
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