I am trying to solve this question but I am lost can anyone help me pls
Suppose your supervisor asks you to use the transportation method to rearrange the desks of everyone in the office. How would you do it? What other factors are important but will not be considered in the solution of the transportation table?
I have never heard of the transportation method.
Interest only loan (3 marks)
Interest only loans are loans where the borrower pays interest on the original principal to the lender and repays the entire amount of the loan (i.e., the original principal) at the end of the term. Assume the couple secure an interest only loan for $80,000 for eight years. Calculate the following:
„h The required monthly repayment for the first four year at an interest rate of 7.00% pa, compounded monthly.
„h The required monthly repayment for the second four years at an interest rate of 10.00% pa, compounded monthly.
„h Calculate the total interest charge of the loan over the eight year period.
Reverse mortgage (4 marks)
A reverse mortgage is a loan where an individual borrows money against the value of their home. No repayments are required during the term of the loan. The amount borrowed and total interest charges are repaid when the house is sold. Assume the couple secure a reverse mortgage loan for $80,000 for eight years. Calculate the following:
„h How much is repayable after first four years at an interest rate of 7.50% pa, compounded monthly.
„h How much is repayable after second four years at an interest rate of 10.50% pa, compounded monthly.
„h The total interest charge on the loan over the eight year period.
The couple¡¦s financial position in eight years (5 marks)
Perform the following
„h The estimate value of the couple¡¦s home after eight years.
„h Assuming that the couple sell their home at the end of eight years, for each option calculate the amount the couple will then have available to buy a retirement unit
come on some one answer this question
To use the transportation method to rearrange desks in the office, you can follow these steps:
1. Identify the number of desks and employees: Determine the number of desks and the number of employees in the office. This information will be crucial in setting up the transportation table.
2. Create a transportation table: Construct a transportation table by listing all the employees as row headings and the desks as column headings.
3. Determine transportation costs: Assign transportation costs to each cell in the table. These costs can represent factors such as proximity, comfort level, or any other relevant criteria. The costs should reflect the desirability of each employee being assigned to a particular desk.
4. Calculate supply and demand: Determine the supply (total number of employees) and demand (total number of desks) for the office. Ensure that supply equals demand to maintain balance in the table.
5. Find an initial feasible solution: Using methods like the Northwest Corner Rule, the Least Cost Method, or the Vogel's Approximation Method, allocate employees to desks based on the lowest transportation costs.
6. Optimize the solution: Once you have an initial feasible solution, you can use optimization techniques like the stepping-stone method or the MODI method to improve the solution, minimizing transportation costs.
Factors to consider that are important but may not be explicitly included in the transportation table solution are:
1. Employee preferences: The transportation method assumes that the transportation costs reflect employee preferences accurately. However, individual preferences might not always align perfectly with the assigned desk, and this should be taken into consideration.
2. Work dynamics: The transportation method focuses on physical rearrangement but does not consider potential changes in work dynamics. Factors like team collaboration, departmental needs, or communication flow might be impacted, and these should be weighed when deciding on the final desk allocations.
3. Health and safety regulations: The transportation method does not consider health and safety regulations explicitly. Ensure that the revised desk arrangements comply with workplace safety guidelines, fire code regulations, and accessibility requirements.
Remember that while the transportation method provides a framework for rearranging desks, it is essential to consider these additional factors and adapt the solution accordingly to ensure the best outcome for the office environment.