Because of new tax laws, a provinces Franchise Tax Board (FTB) must expand its staff. The FTB
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Question:
Because of new tax laws, a province’s Franchise Tax Board (FTB) must expand its staff. The FTB needs to fill 50 managerial positions and 200 clerical positions. The cost to recruit a nonminority male is $900 for a managerial position and $400 for a clerical position. Recruiting a female increases these costs by 10%, and recruiting a minority increases these costs by 20%. Thus, for example, the cost of recruiting a minority female to a managerial position is 900 + 90 + 180 = 1170.
The FTB has set the following goals (in decreasing order of priority):
- Priority level 1: Females should constitute 40% of the new hirings
- Priority level 2: Minorities should constitute at least 25% of new hirings.
- Priority level 3: The recruiting budget should not exceed $175,000.
- Priority level 4: Minorities should constitute at most 60% of the new hirings to clerical positions.
- Priority level 5: Females should constitute at most 75% of the new hirings to clerical positions.
Formulate a goal programming model the FTB can use to plan its recruiting. Use the Excel Solver to find the optimal (compromise) solution.
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