Question

Brian moves into a new house on a weekend. He can move in all his books, furniture, etc. from his old house himself which will take 16 hours. He can also hire a moving company to do the move who charges $210 per hour. Assume that the moving company will move things with as much care as Brian. Brian can use 10 hours of his time to do business advising for his clients and 6 hours to set up his new house.

a. Brian should hire movers if the movers take 4 hours and his consulting fees are $70 per hour

b. Brian should hire movers if the movers take 10 hours and his consulting fees are $300 per hour

c. Brian should hire movers if the movers take 7 hours and his consulting fees are $120 per hour

d. Brian should never hire movers in above alternatives a, b or alternative c

Answer 1

Solution: b. Brian should hire movers if the movers take 10 hours and his consulting fees are $300 per hour