Lucy’s Music Store at present employs 5 full-time employees and 3 part-time employees. The normal workload is 40 hours per week for full-time employees and 20 hours per week for part-time employees. Each fulltime employee is paid $6 per hour for work up to 40 hours per week and can sell 5 recordings per hour. A full-time employee who works overtime is paid $10 per hour. Each part-time employee is paid $3 per hour and can sell 3 recordings per hour. It costs Lucy $6 to buy a recording, and each recording sells for $9. Lucy has weekly fixed expenses of $500. She has established the following weekly goals, in order of priority:■ Goal 1: Sell at least 1600 recordings per week.■ Goal 2: Earn a profit of at least $2200 per week.■ Goal 3: Full-time employees should work at most 100 hours of overtime.■ Goal 4: To promote a sense of job security, the number of hours by which each full-time employee fails to work 40 hours should be minimized.
Use a goal programming model to determine how many hours per week each employee should work.
Already registered? Login
Not Account? Sign up
Enter your email address to reset your password
Back to Login? Click here