Question: 2 . A manager for a warehouse must determine how many students to employ so that total costs are minimized. Forecasted demand for these workers

2. A manager for a warehouse must determine how many students to employ so that total costs are minimized. Forecasted demand for these workers for the next six weeks is 9,14,16,12,11,14. Each student can work a maximum of 15 hours per week. Currently there are 11 students employed. No backorders are allowed. The most overtime a student can work is 4 hours per week (20% greater than their normal work week). Students are paid $1,500 per week (for 15 hours). Overtime is paid at 150% of the regular rate. To hire a student is $800 and to lay off, the cost is $400. Use a chase strategy to come up with the total cost as it pertains to using the students.

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