The President of a Consulting Firm Wants to Minimize the Total

question 27

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. In how many different ways can she assign these consultants to these projects?

• A) 4
• B) 8
• C) 16
• D) 24
• E) 256

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Definitions:

Prices

The amount of money required to purchase goods or services, dictated by factors such as supply and demand, production cost, and market competition.

Credit Policy

A set of guidelines that a company uses to determine the credit terms for its customers, including terms of payment and who is extended credit.

Exchange Rates

The price at which one currency can be exchanged for another currency in the forex market.

Creditworthiness

An assessment of a borrower's ability to repay debt as agreed, based on factors like credit history, income level, and current debt levels.