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An insurance claims processing center has six work centers,any of which can be placed into any of six physical departmental locations.Call the centers 1,2,3,4,5,and 6,and the departments A,B,C,D,E,and F.The current set of assignments is A-3,B-1,C-6,D-2,E-4,and F-5.
The (symmetric)matrix of departmental distances,in meters is shown below.
The matrix of work flow (estimated trips per day)is among centers is shown below.
The firm estimates that each trip costs approximately $4.What is the cost of the current assignment?
Objective Concept
An idea or notion that is based on factual and observable phenomena, unbiased by personal feelings or interpretations.
Personal Preferences
The specific likes, dislikes, desires, and interests of an individual, often influencing their purchasing decisions.
Scarcity
The core issue in economics is the presence of endless human desires within a finite resource environment.
Economy
A system of production, distribution, and consumption of goods and services within a certain geographical area.
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