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Operations Management
Machine 1 Machine 2 Machine 3 Machine 4 Jobs P 650 P 480 Р 560 P 640 В 160 260 340 340 C 200 300 380 440

Machine 1 Machine 2 Machine 3 Machine 4 Jobs P 650 P 480 Р 560 P 640 В 160 260 340 340 C 200 300 380 440

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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The manager of a company wishes to assign three jobs to four machines on one-on-one basis. The cost of each job on each machine if given on the following table. Solve it through Branch and Bound on Assignment Problem.

Machine 1 Machine 2 Machine 3 Machine 4 Jobs P 650 P 480 Р 560 P 640 В 160 260 340 340 C 200 300 380 440
Transcribed Image Text:Machine 1 Machine 2 Machine 3 Machine 4 Jobs P 650 P 480 Р 560 P 640 В 160 260 340 340 C 200 300 380 440
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The assignment problem is solved to arrive at the optimal solution so as to reduce cost or maximize profit by assigning various resources to various jobs available in an optimal manner. 

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