A manufacturer of a complex electronic equipment has just received a sizable contract and plans to subcontract part of the job. He has solicited bids for six subcontracts from four firms. Each job is sufficiently large so that any one firm can take on only one job. The below table shows the bids and the cost estimates (in 10,000's) for doing the jobs internally. Note that no more than two jobs can be performed internally.
A manufacturer of a complex electronic equipment has just received a sizable contract and plans to subcontract part of the job. He has solicited bids for six subcontracts from four firms. Each job is sufficiently large so that any one firm can take on only one job. The below table shows the bids and the cost estimates (in 10,000's) for doing the jobs internally. Note that no more than two jobs can be performed internally.
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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using the assignement model solve question 25 in the given image
Transcribed Image Text:25. A manufacturer of a complex electronic equipment has just received a sizable contract and plans to
subcontract part of the job. He has solicited bids for six subcontracts from four firms. Each job is
sufficiently large so that any one firm can take on only one job. The below table shows the bids and
l the cost estimates (in 10,000’s) for doing the jobs internally. Note that no more than two jobs can
be performed internally.
360 • Quantitative Techniques in Management
Job
ds bom
3
4.
二
6.
1
48
72
36
52 50
65
Firm
2
44
67
41
53
48
64
3
46
69
40
55
45
68
4
43
73
37
51
44
62
Internal
50
65
35
50
46
63
(a) How do you complete this table so that the problem can be solved by Hungarian method?
(b) Solve the problem by Hungarian method, minimising total costs.
(MBA, Delhi, 1987)
LO3, 4, 6
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