Three Jobs Are to Be Assigned to Three Machines

question 41

Multiple Choice

Three jobs are to be assigned to three machines.Cost for each job-machine combination appears in the table below.Perform the first two steps of the assignment method (subtract the smallest number in each row and subtract the smallest number in each column;then cover with straight lines) .At this point in the problem-solving process:

• A)the row for Job 1 contains the values 5,6,and 0.
• B)calculations are complete,and the problem is ready for an optimal set of assignments.
• C)the column for Machine B indicates that it should be retired.
• D)Job 1 should be performed on Machine B.
• E)Job 1 should be performed on Machine A.

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Definitions:

Economic Problem

The fundamental issue of limited resources to meet unlimited wants, necessitating choices and prioritization in allocation.

Wealth Of Nations

A foundational economic text written by Adam Smith, which discusses the mechanics of market economies and introduces the concept of the ‘invisible hand’.

Pleasure

refers to a feeling of happiness, satisfaction, or enjoyment that comes from experiencing something desirable.

Economic Growth

An increase in the production of goods and services in an economy over a period of time, often measured by the rise in real GDP.