Question

4. The president of a consulting firm wants to minimize the total number of hours it will take to complete four projects for
0 0
Add a comment Improve this question Transcribed image text
Answer #1

(a)

Optimal assignment is determined using Hungarian method as shown below step-by-step

Hungarian Method Cons. Charlie Gerald Johnny Rick A 15 13 15 17 Project (hours) B с 16 12 15 16 20 19 12 D 18 12 15 22 21 Ste

Step 3: Now we test whether it is possible to make an assignment using only zero distances. (a) Starting with row 1 of the ma

--------------------------------------------------------------------------------

(b)

Optimal assignment of consultants to projects

Consultant Project Time (hours)
Charlie B 16
Gerald D 12
Johnny A 15
Rick C 12
Total time 55

Total number of hours required by optimal assignment = 55 hours

Add a comment
Know the answer?
Add Answer to:
4. The president of a consulting firm wants to minimize the total number of hours it...
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for? Ask your own homework help question. Our experts will answer your question WITHIN MINUTES for Free.
Similar Homework Help Questions
  • 4. The president of a consulting firm wants to minimize the total number of hours it...

    4. The president of a consulting firm wants to minimize the total number of hours it will take to complete four projects for a new client. Accordingly, she has estimated the time it should take for each of her top consultants -- Charlie, Gerald. Johnny, and Rick -- to complete any of the four projects, as indicated in the table below. Consultant Charlie Gerald Johnny Rick Project (hours) A B 15 16 13 15 15 21 17 19 с 12...

  • 4. The president of a consulting firm wants to minimize the total number of hours it...

    4. The president of a consulting firm wants to minimize the total number of hours it will take to complete four projects for a new client. Accordingly, she has estimated the time it should take for each of her top consultants -- Charlie, Gerald, Johnny, and Rick - to complete any of the four projects, as indicated in the table below. Consultant Charlie Gerald Johnny Rick Project Chours) A B 15 16 13 15 15 21 17 19 с 12...

  • The president of a consulting firm wants to minimize the total number of hours it will...

    The president of a consulting firm wants to minimize the total number of hours it will take to complete four projects for a new client. Accordingly, she has estimated the time it should take for each of her top consultants -- Charlie, Gerald, Johnny, and Rick -- to complete any of the four projects, as indicated in the table below. (a) Find the optimal assignment such that the total number of hours is minimized. (Show your table in each step)...

  • 4. The president of a consulting firm wants to minimize the total number of hours it...

    4. The president of a consulting firm wants to minimize the total number of hours it will take to complete four projects for a new client. Accordingly, she has estimated the time it should take for each of her top consultants -- Charlie, Gerald, Johnny, and Rick -- to complete any of the four projects, as indicated in the table below. Press hours! Consultan ABCD Charlie 1516 EUR Gerald 13151GE Johnny US 2120 LS Rick 0719 1222 (a) Find the...

  • 4. The president of a consulting firm wants to minimize the total number of hours it...

    4. The president of a consulting firm wants to minimize the total number of hours it will take to complete four projects for a new client. Accordingly, she has estimated the time it should take for each of her top consultants -- Charlie, Gerald, Johnny, and Rick -- to complete any of the four projects, as indicated in the table below. Press hours! Consultan ABCD Charlie 1516 EUR Gerald 13151GE Johnny US 2120 LS Rick 0719 1222 (a) Find the...

  • Printed (Chinese) Name: THU ID: Class: Problem 8 (10 points) The president of a consulting firm...

    Printed (Chinese) Name: THU ID: Class: Problem 8 (10 points) The president of a consulting firm wants to minimize the total number of hours it will take to complete four projects for a new client. Accordingly, she has estimated the time it should take for each of her top consultants-Charlie, Betty, Johnny, and Rick-to complete any of the four projects, as follows: Project (Hours) Consultant A B Charlie .-13+1 16 11 1 3 21 Betty 11, 13DV 14 - 18...

  • An engineering firm is interested in investigating whether the variability in the cost of small p...

    help solve (please show excel formula for part b) An engineering firm is interested in investigating whether the variability in the cost of small projects (defined as projects under $10 million)can be accounted for, in part, by differences in the number of direct engineering consulting hours billed. A random sample of 20 small projects was selected from small projects performed over the past two years. The number of engineering consulting hours billed for each project, along with the project's cost...

  • Problem 10-05 Premier Consulting’s two consultants, Avery and Baker, can be scheduled to work for clients up to a maxi...

    Problem 10-05 Premier Consulting’s two consultants, Avery and Baker, can be scheduled to work for clients up to a maximum of 160 hours each over the next four weeks. A third consultant, Campbell, has some administrative assignments already planned and is available for clients up to a maximum of 140 hours over the next four weeks. The company has four clients with projects in process. The estimated hourly requirements for each of the clients over the four-week period are as...

  • Help me answer question number 5 Quantitative Analysis for Business Decisions Number of Company B Company...

    Help me answer question number 5 Quantitative Analysis for Business Decisions Number of Company B Company C consulting days Company A 0 300 550 200 400 600 800 1000 350 500 650 750 850 650 750 900 Table 15.22 Consulting charges ($'000) Expected grade for hours of study time 10 20 30 40 Course Accounting Finance Marketing Statistics | Η Η Η Ο H 0 0 0 S G H 0 GGGH Legend O = Outstanding; H = Honours; G...

  • please answer both questions White Realtors, a real estate consulting firm, specializes in advising companies on...

    please answer both questions White Realtors, a real estate consulting firm, specializes in advising companies on potential new plant sites. The company uses a job order costing system with a predetermined overhead allocation rate, computed as a percentage of direct labor costs. At the beginning of 2018, managing partner Sanjog White prepared the following budget for the year: (Click the icon to view additional information.) E(Click the icon to view the prepared budget.) Read the requirements. (b) predetermined overhead allocation...

ADVERTISEMENT
Free Homework Help App
Download From Google Play
Scan Your Homework
to Get Instant Free Answers
Need Online Homework Help?
Ask a Question
Get Answers For Free
Most questions answered within 3 hours.
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT