CHASE MANHATTAN BANK CASE STUDY
P19= PT 6 hrs from 1pm to 7 pm
P20= PT 4hrs from 2pm to 6pm
P21= PT 5hrs from 2pm to 7pm
P22= PT 4hrs from 3pm to 7pm
Based on these 27 variables, the optimal schedule with minimum cost including the following;
17 F, two F1, four F2, five O2, nine P9, three P10, 12 P13, five P17 and three P20 at the cost of
What are the limitations of the model used to answer question 1?
1. Part-time employees are not entitled to all the fringe benefits, however, there may be limit the
extent to which part-time people can be hired in a given department.
2. By corporate policy, part-time personnel hours are limited to a maximum of 40% of the day's
3. Full-time employees work for 8 hours (1 hour for lunch included) per day. A full-time
employee's productive time is 35 hours per week.
4. Part-timers work for at least 4 hours per day but less than 8 hours and are not allowed a lunch
5. Fifty percent of the full-timers go to lunch between 11 A.M. and noon, and the remaining 50%
go between noon and 1 P.M.
6. The shift starts at 9 A.M. and ends at 7 P.M. Any work left over at 7 P.M. is considered
holdover for the next day.
7. A full-time employee is not allowed to work more than 2 hours of overtime in a day and
limited to 5 hours overtime per week. The normal rate for overtime hours—not at one-and-a-half
times the normal rate is applicable to hours in excess of 40 per week. Fringe benefits are not
applied to overtime hours.