4. The table shows projected cost for all possible combinations of four workers and jobwaiting processing. Find the optimal pairings. Values are in thousand pesos.Worker Job Job JobABсAdaBob500 800250Chot 550Dolly 450700450 750450 350200 500JobD900900650800

Ans) Problem is balanced, 4 jobs 4 workers. Each job should be assigned to 1 worker and minimize the…

Answered: 4. The table shows projected cost for…

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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Wallace Heating is attempting to estimate its costs of manufacturing heating ducts for the comingyear using the high-low method. The cost driver is number of labor hours. Wallace determines thatthe high and low costs are $25,830 and $18,414, respectively, and the values for the cost driver are3,495 and 1,958 hours, respectively. What is the variable cost per hour?
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4. The table shows projected cost for all possible combinations of four workers and job waiting processing. Find the optimal pairings. Values are in thousand pesos. Worker Job A Ada Bob Chot 500 Job B 800 250 450 Job с 700 750 Job D Dolly 450 200 500 900 900 550 450 350 650 800