Use this information to answer the following questions.
The following table contains information on the cost to run four jobs (1,2,3,and 4)on four available machines (A,B,C,and D).
-Refer to the table above.Use Excel to model and solve this problem to determine the least costly job-machine assignment.
Definitions:
Petty Cash
A small amount of cash kept on hand for making immediate payments for miscellaneous small expenses.
Cash on Hand
The amount of liquid currency that a person or business has available for immediate use.
Sarbanes-Oxley Act
A U.S. law enacted in 2002 to protect investors by improving the accuracy and reliability of corporate disclosures, prompted by financial scandals.
Financial Statements
Reports that summarize the financial performance, position, and cash flows of a business over a specific period of time.
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