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(See Solution) The manager of the customer service department at a bank can hire employees with a high school degree (HS) who earn $10,000 annually or

Question: The manager of the customer service department at a bank can hire employees with a high

school degree ( HS ) who earn $10,000 annually or employees with a bachelor's degree ( B )

who earn $20,000. The manager wants to maximize the number of customers served given a

fixed payroll.

Number of Additional Customers Served
Worker High School Degree Bachelor's Degree
1st 80 90
2nd 60 80
3rd 50 60
4th 40 40
5th 35 35
6th 30 25
  1. If the manager has a payroll of $80,000, how should the budget be allocated in order to
    maximize the number of customers served? (15 pts)
  2. If the manager currently has three HS and three B , what must be true? (5 pts)

(Note: You are expected to apply the method you have learned to answer the above questions. Trial-and error approach is not accepted)

Price: $2.99
Solution: The downloadable solution consists of 2 pages
Deliverable: Word Document


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