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Thread: If half of the Full Time US workers moved to Part Time, HELP:(

  1. #1

    Unhappy If half of the Full Time US workers moved to Part Time, HELP:(


    If half of the Full Time US workers moved to Part Time, how would the Total Cost of employees change for Anchor Global Insurance?



    I would love for someone to give me a logical explanation of how to do this,
    Although I figured the first question which is the half of the full time: 870 then of course that would half to be added to 170 which
    is equivalent to 1,040 then from there I am lost and have no clue as what to do.

  2. #2
    Full Member MarkFL's Avatar
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    As it stands now, the total cost in millions of dollars is:

    [tex]47.0+2.5=49.5[/tex]

    Now, if half of the full-time workers become part time, then the total cost will be:

    [tex]47.0\left(\dfrac{1740-0.5\cdot1740}{1740} \right)+2.5\left(\dfrac{170+0.5\cdot1740}{170} \right)=?[/tex]

    If you don't see why this works, I will be happy to explain.
    Living in the pools, They soon forget about the sea... Rush, "Natural Science" (1980)

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