The President of a Consulting Firm Wants to Minimize the Total

question 14

Multiple Choice

The president of a consulting firm wants to minimize the total number of hours it will take to complete four projects for a new client. Accordingly, she has estimated the time it should take for each of her top consultants-Charlie, Betty, Johnny, and Rick-to complete any of the four projects, as follows:

Assume there must be one-to-one matching between consultants and projects. What is the optimal assignment of consultants to projects?

• A)Charlie to A; Betty to B; Johnny to C; Rick to D
• B)Charlie to D; Betty to C; Johnny to B; Rick to A
• C)Charlie to C; Betty to A; Johnny to D; Rick to B
• D)Charlie to D; Betty to B; Johnny to C; Rick to A
• E)Charlie to D; Betty to A; Johnny to C; Rick to B

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Definitions:

Sample Correlation Coefficient

A measure that indicates the extent to which two variables change together in a sample.

Dependent Variable

A variable in an experiment or model that is expected to change in response to manipulations of the independent variable(s).

Independent Variable

A variable in an experiment or study that is manipulated or changed by the researcher to observe its effect on the dependent variable.

Regression Equation

An equation that describes the statistical relationship between one dependent variable and one or more independent variables.