In: Economics
The following analysis could be made from the given passage
· The given passage talks about the economies behind workforce scheduling of nurses and temporary scheduling of employees during this pandemic time.
· The passage says that it is very important to know the length of contract, number of exact requirement and capital analysis so that no over hiring takes place and no extra cost is incurred for the same.
· It suggests the importance of Logistical analysis and creation of a linear program so as to optimize this problem and arrive at a solution gibing the right number of employees to be hired and the optimal cost at which the hiring could be performed.
· The passage sites the quote of Anderson in the context that the manager is responsible for determining the production levels so as to meet the production demand and minimize the total production and operational costs.
· The use of temporary employees along with the permanent employees brings in many problems which includes the blend of two or more resource types to solve a particular problem.
· It states that optimal blending of each should be done so as to minimize the cost incurred for its operation.
· It also brings in to light that if the time allocation framework of the nurses are increased, then this may result in a more payment structure and hence the allocation should be done only when required.
· The above action of finding the travelling employees at crucial times may also prove costly as the demand requirement is high.
· Thus in general, the paragraph talks about the necessity of logistical analysis and linear optimization in bringing efficiency to an operation of a firm by optimizing the production and management costs.