Three People Must Make a Fair Division of Four Objects

question 61

Essay

Three people must make a fair division of four objects. Using the Knaster inheritance procedure, the value each person places on the objects is shown below. $$\begin{array} { c c c c } & A & B & C \\\text { Object 1 } & 160 & 320 & 360 \\\text { Object 2 } & 280 & 370 & 350 \\\text { Object 3 } & 430 & 260 & 160 \\\text { Object 4 } & 420 & 270 & 130\end{array}$$ What is the division of the objects?

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Definitions:

Technical Expertise

Refers to specialized knowledge or skills in a specific field, often related to technology or engineering.

Staff Managers

Managers who provide support, advice, and expertise to line managers and are typically responsible for functions such as human resources, finance, and technical support.

Work-Unit Performance

The level of effectiveness and efficiency with which a specific group or team accomplishes its assigned tasks and goals.

Higher-Level Organizational Goals

Are long-term, overarching objectives that guide an organization's strategy, operations, and decision-making at a broad scale.