Question: During each year, CSL Computer Company needs to train 27 service representatives. It costs $12,000 to run a training program, regardless of the number of

During each year, CSL Computer Company needs to train 27 service representatives. It costs $12,000 to run a training program, regardless of the number of students being trained. Service reps earn a monthly salary of $1500, so CSL does not want to train them before they are needed. Each training session takes one month.

a. State the assumptions needed for the EOQ model to be applicable.

b. How many service reps should be in each training group?

c. How many training programs should CSL under-take each year?

d. How many trained service reps will be available when each training program begins?

Step by Step Solution

3.38 Rating (170 Votes )

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock

Inputs Setup cost 12000 Storage cost per unit per year 1... View full answer

blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Document Format (3 attachments)

PDF file Icon

1497_60b741268139a_696750.pdf

180 KBs PDF File

Excel file Icon

1497_6048b25396397_696750.xlsx

300 KBs Excel File

Word file Icon

1497_60b741268139a_696750.docx

120 KBs Word File

Students Have Also Explored These Related Practical Management Science Questions!