Select 3 concepts from week 1 of MTH/208 to week 5 of MTH/209 that could be applied to the problem. Whenever possible translate the information into algebraic equation and solve and solve each equation.
show all details of how you arrive at your answers.
show all pictures, charts and diagrams as needed.
scenario must be complete and present a valid and complet solution.
You are in the automotive business and you recently hired three new guys that are in training. You realize that during the training cycle productivity will be down and you want to make adjustment to minimize the impact. You are working on the details for how you are going to operate during the training cycle and have some decision to make.
You are going to have two mechanics working on a car? You do not have enough employees to make a one-to-one pair so you will have to have one of your more experience guy; Jayal, work with the three newbie’s.
There is a car repair job and Jayal can complete the given job in six hours, but one of the new guy takes eight hours to do the job. He worked together with Jayal for the first two hours; however Jayal had to leave to help another of the new mechanic on a different job. How long will it take the new guy to finish the first job?
The guys work for $10.75 an hour and they usually work 10 hour days; therefore you need to figure out what you will be paying out at in terms of salary?
You will also want to figure what your overall profit will be during that time since there will be an impact to production.
You might also want to consider the overall benefit to hiring and training the three new guys.
Prepare an estimated profit and loss statement for the next twelve months showing the trend. Present the plan to your financial consultant for collaberation. Break out he expenses and costs over time for the twelve months. Note that you do not charge more because the new guy takes longer.
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