Question: anagement Science Class Problem statement . A post office requires different numbers of full-time employees on different days of the week. Each full-time employee must


anagement Science Class Problem statement . A post office requires different numbers of full-time employees on different days of the week. Each full-time employee must work 5 consecutive days and then receive two days off. In the following table, the number of employees required on each day of the day is specified. . Try to formulate an LP that the post office can use to minimize the number of full- time employees who are needed to satisfy these constraints. Day Number of full-time Employees Required 1=Monday 17 2=Tuesday 13 3=Wednesday 15 4=Thursday 19 5=Friday 14 6=Saturday 16 O W TALK LGTABLE 2.10: PERCENTAGE ANNUAL RETURNS AND GROWTH FACTORS FOR THE MUTUAL FUND DATA Illustration: Consider the percentage annual returns and growth factors for the mutual fund data over the past 10 years . We will determine the mean rate of growth for the fund over the 10-year period Year Return (%) Growth Factor -22.1 0.779 28.7 1.287 10.9 1. 109 4.9 1.049 15.8 1. 158 5.5 1.055 -37.0 0.630 26.5 1.265 15.1 1. 151 2.1 1.021 42
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