Chase case study

Step 1: Review, analyze, and complete the Chase Manhattan Bank Case Study below and answer the following questions:

  1. What is the minimum-cost schedule for the bank?
  2. What are the limitations of the model used to answer question 1?
  3. Costs might be reduced by relaxing the constraint that no more than 40% of the day’s requirement be met by part-timers. Would changing the 40% to a higher value significantly reduce costs?

Step 2:
Post a summary of your initial reactions to the case study and any questions or concerns you may have about this case study or completing the assignment.

Sample Solution