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Identifying the decision variables

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Reference no: EM132955837

1. Based on your experience, please discuss a scenario/case that can be analyzed by using linear-programming/transportation model. Be sure to be specifically in identifying the decision variables, constraints and objective function (goals).

2. A chase strategy often involves hiring and laying off workers regularly. the costs of hiring, layoff, and training may be significant. Please expand on this concept to explore the various human resource implications of such a strategy. What are some potential pitfalls, beyond the known direct hiring, layoff, and training costs, of a chase strategy? What potentially unforeseen worker-related issues might emerge? What human resource strategies might a firm implement to mitigate some of these potential risks?

Reference no: EM132955837

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