A Professor Has Been Contacted by Four Not-For-Profit Agencies That

question 8

Essay

A professor has been contacted by four not-for-profit agencies that are willing to work with student consulting teams.The agencies need help with such things as budgeting,information systems,coordinating volunteers,and forecasting.Although each of the four student teams could work with any of the agencies,the professor feels that there is a difference in the amount of time it would take each group to solve each problem.The professor's estimate of the time,in days,is given in the table below.Use the computer solution to see which team works with which project.
ASSIGNMENT PROBLEM
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OBJECTIVE: MINIMIZATION
SUMMARY OF UNIT COST OR REVENUE DATA
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TASK
AGENT 1 2 3 4
---------- ----- ----- ----- -----
1 32 35 15 27
2 38 40 18 35
3 41 42 25 38
4 45 45 30 42
OPTIMAL ASSIGNMENTS COST/REVENUE
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ASSIGN AGENT 3 TO TASK 1 41
ASSIGN AGENT 4 TO TASK 2 45
ASSIGN AGENT 2 TO TASK 3 18
ASSIGN AGENT 1 TO TASK 4 27
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TOTAL COST/REVENUE 131

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Definitions:

Canadian Dollar

The official currency of Canada, often symbolized as CAD or denoted by the dollar sign '$' with a distinguishing C to indicate Canadian currency.

All-Inclusive Package

A package deal, often offered by resorts and tour operators, that includes all related costs like accommodation, meals, and services in one price.

Travel Agent

A professional who arranges travel plans and accommodations for clients.

American Airlines

A major American airline headquartered in Fort Worth, Texas, known for its extensive domestic and international network.