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1. True/False A company wants to hire 4 vendors for the sale of 4 products, they could only sell one type of product. The following table (image) indicates what each seller charges for selling each of the products. The company wants to assign each seller a product, find all possible optimal assignments by pinpointing their optimal cost. answer the following: a) It is an allocation model T() F() b) It is not a transportation model T() F() c) The model is not balanced T() F()

1. True/False A company wants to hire 4 vendors for the sale of 4 products, they could only sell one type of product. The following table (image) indicates what each seller charges for selling each of the products. The company wants to assign each seller a product, find all possible optimal assignments by pinpointing their optimal cost. answer the following: a) It is an allocation model T() F() b) It is not a transportation model T() F() c) The model is not balanced T() F()

Practical Management Science
Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
Section: Chapter Questions
Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...
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1. True/False
A company wants to hire 4 vendors for the sale of 4 products, they could only sell one type of product. The following table (image) indicates what each seller charges for selling each of the products. The company wants to assign each seller a product, find all possible optimal assignments by pinpointing their optimal cost. answer the following:

a) It is an allocation model T() F()
b) It is not a transportation model T() F()
c) The model is not balanced T() F()
d) The problem has exactly 24 feasible points T() F()


Seller 1234 2 3 4 Product 1 2 3 14 5 8 2 12 6 7 8 3 2 4 6 4 475 7 9 10
Transcribed Image Text:Seller 1234 2 3 4 Product 1 2 3 14 5 8 2 12 6 7 8 3 2 4 6 4 475 7 9 10
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