Asked by Wallet Stack on Apr 23, 2024
A seasonal manufacturing operation began the calendar year with 14 employees. It added seven on April 1, eight on May 1, and eleven more on June 1. Six were laid off on September 1 and another 14 were let go on October 1. What was the average number of employees on the payroll during the calendar year? (Assume that each month has the same length.)
Seasonal Manufacturing
The production of goods in specific seasons of the year to meet seasonal demand.
Average Number
A value found by summing a set of numbers and then dividing by the count of numbers in the set.
Employees
Individuals who are hired by a business or organization to perform specific tasks in exchange for compensation.
- Compute and evaluate average indicators within personal and corporate finance.
Learning Objectives
- Compute and evaluate average indicators within personal and corporate finance.
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