The Owner of a Small Construction Firm Is Excavating at Three

question 37

Essay

The owner of a small construction firm is excavating at three sites.He wishes to assign his five additional trucks in such a way as to minimize his total costs.Each site can use zero to three additional trucks; no site can use more than three trucks efficiently.The following site total costs are known. ​
a.​
Use dynamic programming to find the assignment of the additional trucks that minimizes total cost.
b.​
If the owner had only four trucks to assign,what would be the optimal assignment and total cost?

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Definitions:

Immediate Delivery

The rapid transfer of goods or securities from seller to buyer without delay.

Sales Commissions

Payments made to salespersons, which are typically a percentage of the sales they generate.

Contract Price

The total monetary amount agreed upon in a contract for the sale of goods or services.

Repudiates

The act of refusing to accept or be associated with something, such as a contract or agreement.