The President of a Consulting Firm Wants to Minimize the Total

question 28

Essay

The president of a consulting firm wants to minimize the total number of hours it will take to complete four projects for a new client.Accordingly,she has estimated the time it should take for each of her top consultants-Charlie,Gerald,Johnny,and Rick-to complete any of the four projects,as follows:
(a)What is the total number of hours required by the following arbitrary assignment?
Charlie→B;Gerald→A;Johnny→D;Rick→C
(b)What is the optimal assignment of consultants to projects? (Use the assignment method. )
(c)For the optimal schedule,what is the total number of hours it will take these consultants to complete these projects?

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Definitions:

Secured Interest

A legal claim or lien on collateral that has been pledged, often in relation to loans, to secure payment.

Deposit

A sum of money placed in trust or paid as a first installment on the purchase of something or as a guarantee of the buyer's intent to complete the purchase.

Refused Delivery

A situation where the recipient refuses to accept delivery of goods or packages.

Remedies

Legal means or measures available to a party to enforce a right or redress a harm or violation.