In an Assignment Model Where There Are Fewer Jobs Than

question 118

Multiple Choice

In an assignment model where there are fewer jobs than resources:

• A)Dummy jobs are needed to solve the problem.
• B)Dummy resources are needed to solve the problem.
• C)The problem can't be solved using an assignment model.
• D)The problem will have multiple optimum solutions.
• E)The simplex method must be used to solve the problem.

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Definitions:

Variable Cost

A cost that varies with the level of output or production, such as raw materials and labor expenses.

Fixed Costs

Costs that do not vary with the level of production or sales, such as rent, salaries, and insurance, which remain constant regardless of the company's output.

Sales Price

The price at which a product or service is offered for sale in the market.

Fixed Costs

Expenses that do not change with the level of production or sales, examples include rent, salaries, and insurance premiums.