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A Large Accounting Firm Has Three Auditors

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A large accounting firm has three auditors.Each can work up to 180 hours during the next month,during which time three projects must be completed.Project 1 takes 140 hours,Project 2 takes 150 hours,and Project 3 takes 170 hours.The amount per hour that can be billed for assigning each auditor to each project is given in the table below: A large accounting firm has three auditors.Each can work up to 180 hours during the next month,during which time three projects must be completed.Project 1 takes 140 hours,Project 2 takes 150 hours,and Project 3 takes 170 hours.The amount per hour that can be billed for assigning each auditor to each project is given in the table below:   Determine how to maximize total billings during the next month by formulating the company's problem as a transportation model. Determine how to maximize total billings during the next month by formulating the company's problem as a transportation model.


Definitions:

60 Percent

A fraction, represented as sixty out of one hundred, often used to signify a majority or a significant portion in various contexts.

75 Percent

A fraction or percentage representing three quarters of a whole or total.

ADR

Stands for Alternative Dispute Resolution, which encompasses various methods for resolving disputes outside the traditional court system, such as mediation and arbitration.

Flexibility

The ability to adapt to changes, adjust to new conditions, or modify something to fit different circumstances.

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