Short Answer
A manufacturing firm pays monthly salaries of $3,400 to each production worker and $2,800 to each assembly worker. As the economy drops into a recession, the firm decides to reduce its total monthly manufacturing payroll from $253,800 to $198,000 by laying off 20% of its production workers and 25% of its assembly workers. How many layoffs will there be from each of the assembly and production divisions?
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9 production workers...View Answer
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