Question: S 2 S 2 4 wk 1 b: Problem 1 4 ( 1 point ) ( Book: 3 . 5 problem 7 ) Each hour

S2
S24wk1b: Problem 14
(1 point)
(Book: 3.5 problem 7) Each hour from 10 A.M. to 7P.M., Big Bank receives checks and must process them. Its goal is to process all the checks the same day they are received. The bank has 13 check-processing machines, each of which can process up to 500 checks per hour. It takes one worker to operate each machine. Bank One hires both full-time and part-time workers. Full-time workers work 10 A.M.-6 P.M.,11 A.M.-7 P.M., Noon-8 P.M. and are paid $160 per day. Part-time workers work either 2 P.M.-7 P.M. or 3 P.M.-8 P.M. and are paid $75 per day. The number of checks received each hour is given in the Table below. In the interest of maintaining continuity, Big Bank requires it must have at least three full-time workers under contract. Set up the LP and solve to determine the minimal cost schedule that processes all checks by 8P.M.
For simplicity we allow fractional numbers of employees.
The minimum labor cost subject to the conditions is just the number, no dollar sign.
\table[[Time,checks],[10AM,5000],[11AM,4000],[Noon,3000],[1PM,4000],[2PM,2500],[3PM,3000],[4PM,4000],[5PM,4500],[6PM,3500],[7PM,3000]]4wk1b: Problem 14
(1 point)
(Book: 3.5 problem 7) Each hour from 10 A.M. to 7P.M., Big Bank receives checks and must process them. Its goal is to process all the checks the same day they are received. The bank has 13 check-processing machines, each of which can process up to 500 checks per hour. It takes one worker to operate each machine. Bank One hires both full-time and part-time workers. Full-time workers work 10 A.M.-6 P.M.,11 A.M.-7 P.M., Noon-8 P.M. and are paid $160 per day. Part-time workers work either 2 P.M.-7 P.M. or 3 P.M.-8 P.M. and are paid $75 per day. The number of checks received each hour is given in the Table below. In the interest of maintaining continuity, Big Bank requires it must have at least three full-time workers under contract. Set up the LP and solve to determine the minimal cost schedule that processes all checks by 8P.M.
For simplicity we allow fractional numbers of employees.
The minimum labor cost subject to the conditions is just the number, no dollar sign.
\table[[Time,checks],[10AM,5000],[11AM,4000],[Noon,3000],[1PM,4000],[2PM,2500],[3PM,3000],[4PM,4000],[5PM,4500],[6PM,3500],[7PM,3000]]
This one needs a hint: the decision variables need to be at a minimum a variable for how many full-time employees start at each permitted starting time and similarly for part-time employees. This will already give your cost (objective) function. But, to more easily express the many constraints, it is helpful (and perfectly allowed) to introduce many other decision variable. For example, let denote the number of checks that get processed in the hour starting at time i. Also let Ii(for inventory) denote the number of checks that have arrived up to and including time i that have not yet been processed. We don't need I10 but notice that I11=5000-P10 would be one of the constraints, and for all i,6500 is a constraint. Another constraint is that the number of checks processed depends on how many employees are working.
Since it is pretty hard, here are my 10AM and 11AM constraints:
c10a: 111=5000-P10;
c10b: P10==6500;
c10c: P10=500**10;
c11a: 112=4000+111-P11;
c11b: P116500;
c11c: P11500**(10+11);
etc. Note that we do not restrict ourselves to at most 13 employees per hour because, although likely, it's not strictly required, so we let the solver work this out itself. It would be easy to find similar problems where you might have to have more than 13 employees, e.g. If there were only two shifts 10-3 and 2-8, then we'd almost certainly have to have more than 13 on "duty" from 2-3.
also don't forget that in each hour you have checks left over from previous hour
 S2 S24wk1b: Problem 14 (1 point) (Book: 3.5 problem 7) Each

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