Examlex
Use the Hungarian method to obtain the optimal solution to the following assignment problem in which total cost is to be minimized. All tasks must be assigned and no agent can be assigned to more than one task.
Employers
Employers are individuals or organizations that hire and pay people to perform specific jobs.
Workers
Individuals engaged in any form of labor, whether employed by organizations, self-employed, or working as freelancers, contributing to the production of goods and services.
Producer Surplus
The difference between the amount a producer is paid for a good compared to the minimum amount they would be willing to accept for it, a measure of producer welfare.
Price
The sum of money needed to buy a product, service, or commodity.
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