Theoretical Process. " " Can you explain the part b)...?

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2 Answers
Mar 23, 2018

color(blue)("(a) experienced graduates applications processing is beneficial and earns $300 more"

Explanation:

(a)

"Revenue earned from recent graduate applns per day "

F = 150 * 20 = $3,000

"Revenue earned from experienced graduate applns per day "

E = 110 * 30 = $3,300

color(blue)("since E > F , experienced applications processing is beneficial."

Mar 23, 2018

" (b) Revenue that can be earned under these conditions "

=> 90 * 30 + 27 * 20 = 2700 + 540 = $3,240

Explanation:

(b)

" No. of applications processed for experienced " E = 90

"max. applications of experienced that can be processed "M_E = 110

"Hence there is scope for processing some applications of recent graduate applications too"

"Applications that can be processed for recent graduates " = ((110 - 90) / 110) * 150 = 3000 / 110 ~~ 27

#"Revenue that can be earned under these conditions "

=> 90 * 30 + 27 * 20 = 2700 + 540 = $3,240

Hope this helps.