How the toatl number of cusotmer served varies with employee

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Janice Wallermthe manager of the customer service depart at First Bank of Jefferson County,can hire employees with a high school diploma for $20,000 and employes with a bachelor's degree for $30,0000. She wants to mazimize the number of cusotmers served, given a fixed payroll. The following table shows how the toatl number of cusotmer served varies with the number of employees:

Number of Employees High School Diploma(served) Bachelor's Degree(serv)
1 120 100
2 220 190
3 300 270
4 370 330
5 430 380
6 470 410

a) If Ms. Waller has a payroll of $160000 how should she allocate this budget in order to maximize the number of customers served

b)If she has a budget of 150,000 and currently hires three people with high school diplomas and three with bachelor's degree's is she making the right decision why or why not?

Reference no: EM13236957

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