Show Both the Network and the Linear Programming Formulation for This

question 57

Essay

Show both the network and the linear programming formulation for this assignment problem. $$\begin{array} { c | c c c c } & &{ \text { Task } } \\\text { Person } & \text { A } & \text { B } & \text { C } & \text { D } \\\hline 1 & 9 & 5 & 4 & 2 \\2 & 12 & 6 & 3 & 5 \\3 & 11 & 6 & 5 & 7\end{array}$$

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Definitions:

Security Interest

A financial mechanism that gives a lender priority over the borrower's assets or property in the case of default.

Financing Statement

A document filed by a creditor to indicate a security interest in the personal property of a debtor, used to perfect a lien.

Perfection

In the context of securing interests in property, it is the process of completing all required legal steps to enforce a security interest against third parties.

Chattel Paper

A document or records indicating both a monetary obligation and a security interest in or lease of specific goods.