each man contributes 176 hours a month, which means 352 hours bimonthly. each of the 610 units of work require 20 hours to do, which means . Each employee, as said before, works 352 hours during the period, which means . So 35 workers are needed.Originally Posted by Samyeo
We know 35 workers are needed to maintain peak demand. There are 12 months per year, and they work 176 hours per month, and we want to find the average for every two months, so . Therefore, the company needs to spend an average of $72,240 per peak period.Originally Posted by Samyeo
The equation to find this would be "72,240/average amount of money that would have been paid to match the minimum of each peak period". To find the amount of money that would have been paid to match the minimum of each peak period, we will have to add the cost of each peak period. So let's figure out each one....(please note, 2,064 is how much each employee recieves bimonthly)Originally Posted by Samyeo
Now we add them together, which equals 344,688, and divide that by six and the average is 57,448. Now put that into the original equation...
so the amount of percentage above the whatever is around 126%