A fast food chain wants to build four stores. In the past, the chain has used six

Fantastic news! We've Found the answer you've been seeking!

Question:

A fast food chain wants to build four stores. In the past, the chain has used six different construction companies and having been satisfied with each, has invited each to bid on each job. The final bids (in ‘000 ksh.) were as shown in the following table Construction Companies Store 1123456 Store 285.38887.582.489.186.7 Store 378.977.477.476.579.378.3 Store 48281.382.480.683.581.7 Store 584.384.686.283.384.485.5 Since fast food chain wants to have each of the new stores ready as quickly as possible, it will award at most one job to a construction company. Want assignment results in minimum total cost to the fast food chain?

Posted Date: Oct 18, 2021 11:10 AM

See More Questions

In the Past Company X has always created invoices for goods supplied using a manual system. The cost of this last year was 50,000. However, it is accepted that these costs will rise by 10% next year...
A fast food chain store conducted a taste survey before marketing a new hamburger. The results of the survey showed that 70% of the people who tried this hamburger liked it. Encouraged by this...
A fast food chain plans to expand by opening several new restaurants. The chain operates three types of restaurants, drive-through, truck-stop, and full-service. A drive-through restaurant costs...
A SQL With respect to database transaction, the ACID concepts should apply! ACID is an acronym for atomicity, consistency, isolation and durability. Please define each of these terms in your own...
Consider the package weight data in Exercise 5.45. Suppose there is a lower specification at 0.985 kg. Calculate an appropriate process capability ratio for this material. What percentage of the...
Can residual income or EVA ever be negative? What is the meaning of negative residual income or EVA?
Imagine pushing on a crate initially at rest so that it begins to move along a floor. (a) While you are setting the crate in motion, increasing its speed in the desired direction of travel, what is...
On January 1, 2011, Slidell Company received a 2-year, $500,000 loan, with interest payments occurring at the end of each year and the principal to be repaid on December 31, 2012. The interest rate...
1. Consider two satellites S and S with periods of revolution 1hr. and 8 hr. respectively revolving around a planet in circular orbits. The ratio of angular velocity of satellite S to the angular...
Review the non-GAAP adjustments listed for this company in Appendix B. (a) Put yourself in the position of a company spokesperson. Explain a rationale that the company would communicate to the...
Shown below is an adjusted trial balance for Sprouts Farmers Market, Inc. for the period ending December 31, 2013 (with the exception of Accumulated Deficit, which shows the balance at December 31,...
Are external certification programs (in all jobs) becoming more important? Why?
Identify some things (other than increasing pay) that could be done by a manager to increase productivity and employee engagement and decrease absenteeism and turnover. Make a list for each item.
When oil hit $26.21 a barrel in 2016, down from nearly $100 a barrel from 5 years earlier, jobs in the oil service industry were rare and people out of work. Everyone [was] so hungry, it [was] like...
Assume that you are a fairly high-level manager in your company and that one of your employees comes to you to tell you that other employees are attempting to unionize the company. What would your...
Name some situations in HRM when you would want to use either economic value added (EVA) or return on investment (ROI) as an analytical tool.
b) The volume (V) of an extruded polymer accumulated on a build plate through a brass nozzle was measured as a function of time (t) and was recorded as shown in Table Q1b. Time (s) Volume (cm) Table...
In order to get an idea on current buying trends, a real estate agent collects data on 10 recent house sales in the area. Specifically, she notes the number of bedrooms in each house as follows: a....
Explain how the control variate technique is implemented.
Suppose that in September 2013 a company takes a long position in a contract on May 2014 crude oil futures. It closes out its position in March 2014. The futures price (per barrel) is $$88.30$ when...
A U.S. Treasury bond pays a 7% coupon on January 7 and July 7. How much interest accrues per $$100$ of principal to the bond holder between July 7, 2013, and August 9, 2013? How would your answer...

A fast food chain wants to build four stores. In the past, the chain has used six

Question:

Expert Answer:

Construction Companies Cost Table 1 2 3 4 5 Store 1 853 88 ... View the full answer

Students also viewed these programming questions