Hourly rate:
39(1.3r) = 541.80
(hours times hourly rate equals profit)
then solve
1.3r = 13.89
r = 10.69
the hourly rate is $10.69
to answer the bottom question, 390 + 117 = 507, but that’s not close to 541.80 so I have no idea what they’re asking there
The 90th percentile corresponds to Z ≈ 1.28155.
Hey 4:3 is an equal ration to 20:15
There are 51,191 employees working in the second phase
The production floor has a total number of 73210 employees that work in 2 phases
22,019 employees work in phase one
The number of employees that work in phase one can be calculated as follows
= 73,210-22019
= 51,191
Hence 51,191 employees work in the second phase
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