EOQ model, Operation Management

Assignment Help:
Division X is growing and is in constant need of trained employees. The demand rate for trained employees is relatively constant at 5 each month. The division can run a gaining program that costs $5,000 per offering regardless of class size. Students graduate with a certificate and a $100/week pay raise. We assume there are 52 weeks per year. The raise is operative even if they attended the training before the new job is open and they continue with their old job. What class size is optimal and how many classes should be offered every year?

Related Discussions:- EOQ model

Explain why are company/organizational politics important, Why are company/...

Why are company/organizational politics important to a manager?

Explain the managerial process, The Managerial Process text. Given the proj...

The Managerial Process text. Given the project network provided, compute the early, late, and slack times for the project. Share your calculations and explain how you came up with

Explain methods of job evaluation, Compare and contrast the following metho...

Compare and contrast the following methods of job evaluation, and include examples that are not the same as in the textbook to demonstrate understanding: Lott, Benge, and Multiple

What are the assumptions of economic order quantity, What are the assumptio...

What are the assumptions of Economic Order Quantity? Assumptions of Economic Order Quantity (EOQ): a. The stage of customer demand is identified b. The stage of customer

Explain the organizational starbucks buyers, Describe the organizational (S...

Describe the organizational (Starbucks) buyers and consumers of your product or service and the factors that influence their purchasing decisions. Discuss how these factors will af

Define management information system and its scope, Normal 0 fa...

Normal 0 false false false EN-IN X-NONE X-NONE MicrosoftInternetExplorer4

Digitra; cell phone, Ask que Prepare Paul Jordan’s report to John Smithers ...

Ask que Prepare Paul Jordan’s report to John Smithers using regression analysis. Provide a summary of the cell phone industry outlook as part of Paul’s response. stion #Minimum 100

Scheduling - aggregate planning, Scheduling - Aggregate Planning Mean...

Scheduling - Aggregate Planning Meaning and Definition Scheduling may be defined as the assignment of work to the facility with the specification of times ,and the sequence

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd