a)
The given problem is
Step-1: We find each row minimum element and subtract it from that row
Step-2: We find each column minimum element and subtract it from that column.
Iteration-1 of steps 3 to
6
Step-3: Make assignment in the opportunity cost
table
(1) Rowwise cell
(Charlie,C) is assigned, so
columnwise cell (Rick,C) crossed off.
(2) Columnwise cell
(Johnny,A) is assigned, so
rowwise cell (Johnny,D) crossed off.
(3) Columnwise cell
(Gerald,B) is assigned, so
rowwise cell (Gerald,D) crossed off.
Rowwise & columnwise assignment is
shown in below table
Step-4: Number of
assignments = 3, number of rows = 4
Which is not equal, so solution is not
optimal.
Step-5: Draw a set of horizontal and vertical lines to
cover all the 0
We cover the 0 with minimum number of
lines
(1) Mark(✓) row Rick since it has
no assignment
(2) Mark(✓) column
C since row Rick has 0 in this column
(3) Mark(✓) row Charlie since
column C
has an assignment in this row
Charlie.
(4) Since no other rows or columns can
be marked, therefore draw straight lines through the unmarked
rows Gerald,Johnny and marked
columns C
We tick mark not allocated rows and allocated columns as below.
Step-6: Develop the new revised opportunity cost
table
We develop the new revised table by
selecting the smallest element, among the cells not covered by any
line (say k = 1)
Subtract k = 1 from every element in the cell not covered by a line
and we add k = 1 to every element in the intersection cell of two
lines.
Repeat steps 3 to 6 until an optimal solution is obtained.
Iteration-2 of steps 3 to 6
Step-3: Make assignment in the opportunity cost
table
(1) Rowwise cell
(Rick,C) is assigned, so
columnwise cell (Charlie,C) crossed off.
(2) Rowwise cell (Charlie,B) is assigned, so columnwise
cell (Gerald,B) crossed off.
(3) Rowwise cell (Gerald,D) is assigned, so columnwise
cell (Johnny,D) crossed off.
(4) Rowwise cell (Johnny,A) is assigned
Rowwise & columnwise assignment is shown in table
Step-4: Number of
assignments = 4, number of rows = 4
Which is equal, so solution is
optimal
Therefore, the optimal assignments are
b)
The optimal assignment is as below.
The total number of hours required for our optimal assignment is 55 hours.
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 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 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...
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) А 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 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)...
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...
Comprehensive Income Tax Course: Module 1 4. Randy turned 16 last year and had his first summer job. Even though his parents are claiming him as a dependent he wants to file a return in order to get his refund. He receives his W-2 and decides he can do his own return using form 1040-EZ. Which of the following information is not found on a Form W-2? a) The taxpayer’s Social Security number b) The taxpayer’s wages, tips and other...