Minimize costs

Assignment Help Business Management
Reference no: EM1338395

The following matrix contains the costs ( in dollars) associated with assigning Jobs A, B, to Machines 1, 2, 3, 4, and 5. Assign jobs to machines to minimize costs.

Machines

Jobs 1 2 3 4 5

A 6 11 12 3 10

B 5 12 10 7 9

C 7 14 13 8 12

D 4 15 16 7 9

E 5 13 17 11 12

Reference no: EM1338395

Questions Cloud

Critical path of a pert chart : In terms of creating a timeline, what is meant by the critical path of a PERT chart?
Successful strategy implementation : You decide that the client needs an overview of how classic management activities - planning, organizing, controlling, and leading - enable successful strategy implementation.
Explain the solution to strategic management questions : Explain The solution to strategic management questions and Discuss some of the requirements for successful strategic change
Computing float for activity : What is the float for Activity I?
Minimize costs : Assign jobs to machines to minimize costs.
Explain how a firm should produce its output not how much : The capital-labor ratio of a cost minimizing firm in the long run indicates explain how a firm should produce its output, not how much output it should produce.
Give sign that could be mounted outside the store : give sign that could be mounted outside the store
Explain management succession plan : Explain Management Succession Plan and Carol has always intended to pass the business to her sons, who together own 20% of the company's stock
History cyclical or linear : Is war inevitable? How can war be avoided today? Is our life pre-determined that people are designed to be who they are?

Reviews

Write a Review

Business Management Questions & Answers

  Software designed to help with decision-making

How is this software designed to help with decision-making? What method does it use?

  Discussion of current issues which are affecting businesses

To identify and encourage the discussion of some of the current issues which are affecting businesses, especially those operating in an international business environment.

  Make a gannt chart and project network

Given the following information make a Gannt Chart, Project Network. Calculate the length of each path in the network, and indicate the critical path

  Important information about business code of ethics

Consumer confidence has fallen considerably in last several years. Where consumer confidence is slow to return because so many of these businesses operated for years and had the vail over all our eyes and suddenly things fell apart and all was rev..

  Ethics and responsibility of individuals in community

Describe the professional ethics and responsibility of intermediaries, managerial responsibility, loyalty and employee responsibility to community?

  Power affect relationship between managers and peers

How might power affect the relationship between managers, peers, and subordinates? How might these relationship dynamics be affected by an organizational change?

  Middle market segment between low-end products

Evaluate the extent to which there are any bases of relatedness among the four products. Identify two countries outside of the U.S. that you feel would be an opportunity for a potential business expansion and explain the basis for your selection.

  Who is responsible for actions of the group

One facet of group behavior that is often overlooked is the concept of "responsibility". Group polarization, groupthink, conformity, and other group decision concepts we've learned about and researched

  Describing the principles of ethical leadership

Define and describe the principles of ethical leadership.

  Transaction effects to beta of company

You're a financial analyst in the corporate office of the food processing company, and you own stock in that company. Recently, you worked on an assignment during which you found out company was going to take on additional debt and start an airlin..

  Issues-decision making methodologies and client strategies

What types of issues can interfere with the client's ability to understand fully his or her wants?

  Tax preparation software

Suppose you are the project manager for a software company as well as your team is in charge of delivering apprise to tax preparation software for the next tax season

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd