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c) A manufacturer of complex electronic equipment has just received a sizeable contract and plans to subcontract part of the job. He has solicited bids for 6 subcontracts from 4 firms. Each job is sufficiently large that any one firm can take only one job. The table below shows the bids and the cost estimates (in Sh. 10,000) for doing the jobs internally. Not more than two jobs can be performed internally Firm 1 2 3 Internal Job 1 48 44 43 50 2 3 46 69 40 Determine the optimal assignment 72 36 67 41 73 37 65 35 4 52 53 45 51 50 5 50 48 45 44 46 6 65 64 68 62 63

c) A manufacturer of complex electronic equipment has just received a sizeable contract and plans to subcontract part of the job. He has solicited bids for 6 subcontracts from 4 firms. Each job is sufficiently large that any one firm can take only one job. The table below shows the bids and the cost estimates (in Sh. 10,000) for doing the jobs internally. Not more than two jobs can be performed internally Firm 1 2 3 Internal Job 1 48 44 43 50 2 3 46 69 40 Determine the optimal assignment 72 36 67 41 73 37 65 35 4 52 53 45 51 50 5 50 48 45 44 46 6 65 64 68 62 63

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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c) A manufacturer of complex electronic equipment has just received a sizeable contract and plans to subcontract part of the job. He has solicited bids for 6 subcontracts from 4 firms. Each job is sufficiently large that any one firm can take only one job. The table below shows the bids and the cost estimates (in Sh. 10,000) for doing the jobs internally. Not more than two jobs can be performed internally Firm 1 2 3 4 Internal Job 1 48 44 46 50 2 3 Determine the optimal assignment 72 36 67 41 43 73 69 65 40 37 35 4 52 53 45 51 50 5 50 48 45 44 46 6 65 64 68 62 63
Transcribed Image Text:c) A manufacturer of complex electronic equipment has just received a sizeable contract and plans to subcontract part of the job. He has solicited bids for 6 subcontracts from 4 firms. Each job is sufficiently large that any one firm can take only one job. The table below shows the bids and the cost estimates (in Sh. 10,000) for doing the jobs internally. Not more than two jobs can be performed internally Firm 1 2 3 4 Internal Job 1 48 44 46 50 2 3 Determine the optimal assignment 72 36 67 41 43 73 69 65 40 37 35 4 52 53 45 51 50 5 50 48 45 44 46 6 65 64 68 62 63
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