An agency is having problems with personal phone calls made during working hours. Each minute...

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Finance

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An agency is having problems with personal phone calls made during working hours. Each minute of a personal call costs the agency $1 in wasted wages. The agency hires operators to monitor calls in order to attain the optimal number of personal calls (minimize total cost of personal calls). Total Number of minutes of Operators personal calls (per hour) 0 300 220 2 150 3 115 100 Based on the above information, calculate how many operators should the agency hire if operators receive $25 an hour (Show your calculations). 4

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