Overton, Inc. had the following transactions in 2017, its first year of operations: • Issued 15,000 shares of common stock. Stoc

The Citizen Band (CB) radio originated in 1940 when the Federal Communications Commission (FCC) began regulating it for local personal and business use. To listen or call for police help, one should switch to channel 9. 

Tamarisk should report an inventory amount of $252,000 as of December 31. To arrive at this figure, consider the following calculation: Inventory = Stock on hand + goods acquired from Sheffield Corp + goods sold to Wildhorse Co. This gives us the calculation: $190,000 + $29,000 + $33,000 = $252,000. All relevant amounts were taken into account, including considerations for FOB destination and FOB shipping point, which contribute to the physical inventory count.

Answer:

The lowest cost ( Z ) will equal $636 daily

quantity of permanent operators = 6

quantity of temporary operators = 3

Explanation:

based on the provided information: the organization has a total of ten (10) workstations and employs both permanent and temporary operators; the following demonstrates the work that can be performed with these resources

Orders processed each day

permanent operator; 76

temporary operator; 53

company average: minimum of 600

Errors recorded daily

permanent operator; 1.3

temporary operator; 4.1

acceptable maximum error rate: 24

daily wages; permanent ($81), temporary ($50)

formulate an integer programming model to ascertain the number of permanent and temporary operators needed to minimize costs

Let X1 represent the permanent operators and X2 represent the temporary operators

the daily operator cost can be expressed as ( Z ) = 81 X1 + 50 X2  (first constraint)

operators at workstations = X1 + X2 ≤ 10 (second constraint)

Total orders handled = 76 X1 + 53 X2 ≥ 600 (third)

allowable errors permit = 1.3 X1 + 4.1 X2 ≤ 24 (fourth constraint)

Operators must be whole numbers = X1, X2 ≥ 0 (fifth constraint)

construct an Excel linear program incorporating both the data provided and the constraints formulated.

The lowest cost ( Z ) will equal $636 daily

quantity of permanent operators = 6

quantity of temporary operators = 3

included is a screenshot of the completed Excel linear program