Question: . A tech startup was founded in 2 0 2 1 . The following table shows an estimate of active numbers ofcontractors the company needs
A tech startup was founded in The following table shows an estimate of active numbers ofcontractors the company needs for any given year which includes new hires as well as those stayingon
due to a longerterm contract over the next years:
Year
# of software engineers
The company can choose to sign different length contracts with each contractor it hires and wants tokeep
more contractors than needed during some years of the planning horizon. The startup estimatesthat
the cost of recruiting and maintaining the contractors is a function of their length of stay withthe
company. The following table summarizes these estimates:
Length of employment contract in years
Total cost for all of the years per contractor
The startup is interested in the recruiting schedule to minimize the total cost.
Hint: Think about the number of contractors the startup needs to hire for different horizons
years in each year of the planning horizon.
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