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A large book publisher has five manuscripts that must be edited as soon as possible. Five editors are available for doing the work, however their working times on the various manuscripts will differ based on their backgrounds and interests. The publisher wants to use an assignment method to determine who does what manuscript. Estimates of editing times (in hours) for each manuscript by each editor is:
-If the optimal assignments include manuscript 1 to editor B, manuscript 2 to editor E, and manuscript 3 to editor C with a total editing time of 47 minutes, what manuscripts are assigned to editors D and A?
Efficient Results
Outcomes in which resources are allocated in a way that maximizes the net benefits to society.
Equitable Outcome
An equitable outcome is a fair and impartial distribution of resources or opportunities among all members of a community or society, taking into account the needs and contributions of each individual.
Spending
The act of expending funds to purchase products or services.
Recession
A phase of short-term economic downturn characterized by a decrease in commerce and manufacturing, typically marked by two consecutive quarters of declining gross domestic product (GDP).
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