A plumbing repair company has 3 employees and must choose which of 3 jobs to assign each to (each employee is assigned to exactly one job and each job must have someone assigned). Each employee can perform each job, but the cost to perform any given job can vary. The following table shows the cost for each employee to perform each job. Job 1 Job 2 Job 3 Employee A 45 53 43 Employee B 49 52 39 Employee C 46 47 47 Solve this assignment problem in Excel to find the lowest cost solution and answer the following questions:

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
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What is the minimum cost to complete all three jobs? 

 

A plumbing repair company has 3 employees and must choose which of 3 jobs to assign each to (each employee is assigned to
exactly one job and each job must have someone assigned). Each employee can perform each job, but the cost to perform any given
job can vary. The following table shows the cost for each employee to perform each job.
Job 1
Job 2
Job 3
Employee A
45
53
43
Employee B
49
52
39
Employee C
46
47
47
Solve this assignment problem in Excel to find the lowest cost solution and answer the following questions:
Transcribed Image Text:A plumbing repair company has 3 employees and must choose which of 3 jobs to assign each to (each employee is assigned to exactly one job and each job must have someone assigned). Each employee can perform each job, but the cost to perform any given job can vary. The following table shows the cost for each employee to perform each job. Job 1 Job 2 Job 3 Employee A 45 53 43 Employee B 49 52 39 Employee C 46 47 47 Solve this assignment problem in Excel to find the lowest cost solution and answer the following questions:
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