(C) is waived. 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 the cost estimates (in 10,000's) for doing the jobs internally. Note that no more than two jobs can be performed intemally. 360 Quantitative Techniques in Management Job 48 72 36 52 50 65 Firm 44 67 41 53 48 64 46 69 40 55 45 68 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) 21324

(C) is waived. 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 the cost estimates (in 10,000's) for doing the jobs internally. Note that no more than two jobs can be performed intemally. 360 Quantitative Techniques in Management Job 48 72 36 52 50 65 Firm 44 67 41 53 48 64 46 69 40 55 45 68 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) 21324

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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