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Mathematical Question

  1. #1
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    Mathematical Question

    Hi,

    Im really hoping that someone from this forum could help me arrive with an excel formula for my problem. Here's the Problem.

    I have 10 apple pickers and each of them are expected to pick 20 apples a day, they receive $1 for each apple picked, but they can not get more than $20 even if they have picked more than 20 apples in a day.

    I sell the apples for $1.5 each, with 10 employees picking 20 apples a day I expect to get a net income of $100 a day.
    Net income = (10 apple pickers * 20 apples a day * $1.5) - (10 apple pickers * $20)

    But my employees do not meet their target of 20 apples a day, on an average they can only pick 18 apples each a day.

    I need a formula that would help me compute for how many extra employees do i need so i can always meet my net income of $100 a day given that my employees can only pick 18 apples a day.


    Regards.

  2. #2
    Forum Expert martindwilson's Avatar
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    Re: Mathematical Question

    well the answer is 2 more
    10*18 = 180 =$90 dollars profit $10 short ie 20 apples to get
    200-180=20 so you need 1 more employee to pick 18 and the other just to pick 2
    why do you want to do this in excel? is it homework?
    Last edited by martindwilson; 06-10-2009 at 11:10 AM.
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  3. #3
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    Re: Mathematical Question

    Fire all your apple pickers! I will gladly pick apples if you are goining to pay a dollar per apple.

    Each of your apple pickers income is governed by the following equation:

    =if(apples >= 20, employeeIncome = 20, employeeIncome = apples)

    You would next sum the total of all apple pickers income

    =sum(applePickersIncome)

    Income you expect to make = $100

    Income made from selling apples = $1.50 * total apples picked

    How much more income required = $100 - income made from selling apples.

  4. #4
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    Re: Mathematical Question

    I just created a much simpler example than my real problem. I have picked some ideas on how to solve my problem from the ideas that you have given.

    Thanks a lot

    Salam

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