This is an application of 'Assignment' optimization problem. Please use the following formulation in Excel to obtain the optimal solution.
Solution
Prof \ Course | Stat | Mgmnt | Fin | Econ | Total |
WWF | 0 | 0 | 1 | 0 | 1 |
DG | 0 | 1 | 0 | 0 | 1 |
ZH | 0 | 0 | 0 | 1 | 1 |
NKR | 1 | 0 | 0 | 0 | 1 |
Total | 1 | 1 | 1 | 1 | |
Prof \ Course | Stat | Mgmnt | Fin | Econ | |
WWF | 50 | 40 | 80 | 60 | |
DG | 55 | 85 | 65 | 55 | |
ZH | 60 | 75 | 70 | 55 | |
NKR | 90 | 65 | 95 | 40 | |
Overall rating | 310 |
So, the optimal assignment is as follows:
Stat --> NKR
Mgmnt --> DG
Fin --> WWF
Econ --> ZH
Overall rating = 310
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