Question
In any assignment problem, the optimal assignments are always along the main diagonal.
This statement is not necessarily true. In an assignment problem, the goal is to assign a set of tasks to a set of agents, where each task can only be assigned to one agent and each agent can only be assigned to one task. The optimal assignments are those that minimize the total cost or maximize the total profit of the assignment.
While it is true that in some cases, the optimal assignments may be along the main diagonal (i.e., each task is assigned to the agent with _______ _____ __________ _____________ ___________ ____ ___ ________ ______.
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Why is effective communication important to the managers?
A department has 5 jobs to be performed and there are five employees to perform these jobs. The time (in hours) each employee will take to perform each job is given in the following matrix:
Employees
| I | II | III | IV | V | |
| A | 10 | 5 | 13 | 15 | 16 |
| B | 3 | 9 | 18 | 13 | 6 |
| C | 10 | 7 | 2 | 2 | 2 |
| D | 7 | 11 | 9 | 7 | 12 |
| E | 7 | 9 | 10 | 4 | 12 |
How should the jobs be allocated, one per employee, so as to minimize the total man-hours?
An ABC analysis is used to determine the re-order point in an inventory problem.
In an LPP if all the co-efficients of the objective function are positive and all the constraints are of ‘ ’ type, the problem has a bounded optimal solution.
Explain the basic process of communication. What purposes are served through vertical communication?
Define the objective of budgeting and budgetary control.
Explain various cost components of Detailed Project Report.
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