The Funny Toys Company has four men available for work on four separate jobs. Only one man canwork on any one job. The cost of assigning each man to each job is given in the following table. Theobjective is to assign men to jobs in such a way that the total cost of assignment is minimum.JobPersonABCDO a 100O b. 78O c. 8012015192522518172332223212428172424

The assignment problems help to assign the available resources to the available jobs so that the…

Answered: The Funny Toys Company has four men…

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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Janice Brown is employed by Starport Hardware Limited as a store clerk. One day she was inthe store arranging some items on a top shelf, the ladder she was standing on collapsed and shesuffered a broken arm and leg. The doctor told her that she had to a major surgery and it wouldtake approximately three months for her to heal enough to return to work. She is very concernedabout how she would pay her medical and recurring bills during this period. Her colleaguevisited her a week after the accident and told her about workers compensation. She is unsureabout the concepts and seeks your help to answer certain questions. A. Explain the concept ‘workers compensation’ B. Discuss the main objectives of workers compensation.C. Explain to Janice how workers compensation can assist her.D. Self-insurance is connected to workers compensation. State what isself -insurance and outline three advantages of it.
A. Write a document with the following information: 1. What do you expect your job to pay when you start? 2. What benefits are musts for you? 3. What benefits would you like to have even though they are not musts? 4. Include the graph you generate in step B below. B. Create a spreadsheet and a graph of life vs funds For each year of your remaining life specify the amount you plan to save/invest/withdraw that year and how much you expect that amount to increase during the year (base on actual data – typical savings interest rate, typical stock market interest rate, typical CDs, typical…). Calculate how much your funds will increase/decrease over your life and create a life (x-axis) vs funds (y-axis) plot.
9. Dana is 30 years old and owns a wedding planning business. She takes care of all wedding events details from arranging flowers, tables, theme to catering food to a high standard. She has a good reputation in the market. Recently, she discovered another food catering company with wider varieties and lower prices that her customers will love to have. Thus, she decided to write a negative letter to the current catering company to inform them about terminating their business together. Dana has to plan her negative letter very carefully and to explain the needs of her customers: * A.to avoid responsibility for the message B.to improve future performance on the part of the sender C.to avoid adding a personal message to the recipient D.to gain control of the context of the message E.to minimize damage to the business relationship
Manny signs a variable lease. He pays $10/ square foot. His index is 2.His utilities will cost $350.If his index goes up to 2.5 next year, how much will Manny payin rent? $25/square foot $12.50/square foot $8/square foot $50/square foot |
Using the Hungarian Method solve the below Maximization problem and choose the correct Opportunity cost: Engineer $ John Jacob Juran Maria O 172 180 170 O 182 A 44 40 48 32 B 36 38 36 30 Job n 48 40 34 36 D 42 36 42 38
The subject property has a pool valued at $30,000 and two bathrooms valued at $10,000 each. Comp 1 does not have a pool and has one less bathroom than the subject property. What adjustments should be made to Comp 1's value? add $20,000 to Comp 1's value add $40,000 to Comp 1's value subtract $20,000 from Comp 1's vatue subtract $40,000 from Comp 1's value
Demonstrate why the compensation principle can rank more allocations than the Pareto criterion. And please indicate the source of your answer when you reply to this question
b) A management consulting firm has a backlog of 4 contracts. Work on these contracts must be started immediately. Three project leaders are available for assignment to the contracts. Because of the varying work experience of the project leaders, the profit (in R'000) to consulting firm will vary based on the assignment shown in Table 2. The unassigned contract can be completed by subcontracting the work to an outside consultant. Table 2: Profits Contract Project Leader 1 2 3 4 A 13 10 9 11 B 15 17 13 20 с 6 8 11 7 Find the optimal assignment and give the total assignment profit.
you are an owner of a small bakery shop and you have two employees which are the part-time baker who assists the owner in producing products and In-store staff which is required to work for 8 hours a day. Your proposed salary for your part-time baker is 300Php 4-5 hours a day, and for your in-store staff is 416Php 8 hours per day. What is your reasoning or how will you justify this proposed salary for your two employees?
20. Last month, Alex obtained his Florida real estate sales associate's license and already closed his first deal. He's wants to accelerate his career by opening up his own real estate office and have other real estate sales associates work under him. Can Alex do this? No. He must first obtain worker's compensation insurance, which cannot be obtained until he has at least 12, months of experience as a sales associate. Yes. A sales associate can open their own office at any time. O Yes. Sales associates are permitted to open their own real estate office after closing their first deal. ○ ○ No. He must first obtain his Florida real estate brokers license, which will require at least 24 months of experience as a sales associate, and completion of the broker's. course and FL broker's exam.
Maximize p = 10x + 20y + 15z subject to x + 2y + z ≤ 40 2y − z ≥ 10 2x − y + z ≥ 20 x ≥ 0, y ≥ 0, z ≥ 0.
1.The company has three months (April. May and June) for subtracting the units for both NOOR-Company's and AL-SALAM company 2. The company should first satisfy AlNOOR company demand then AL-SALAM company demand. 3. Both production units will work in producing the units 4. Production Unit B will be busy during April 5. The company can work up to 24 hours per day 6. The profit should be at least $1500 Do you think that XYZ-Company should accept or reject the offer?

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