Question: INTRODUCTION TO OPERATIONS RESEARCH QUESTION PLEASE ANSWER THE ASSIGNMENT PROBLEM USING THE COST MATRIX Formulate the following problems as balanced assignment models: Person A is

INTRODUCTION TO OPERATIONS RESEARCH QUESTION

PLEASE ANSWER THE ASSIGNMENT PROBLEM USING THE COST MATRIX

INTRODUCTION TO OPERATIONS RESEARCH QUESTION

Formulate the following problems as balanced assignment models: Person A is planning to organize a party with his friends. Since they have a tight budget, Person A has assigned specific tasks (related to renting party equipment) to his friends Person B, Person C, Person D and Person E. Person B and Person D were unable to get quotations for the confetti cannon and bubble machine respectively. The table below shows the quotations (in USD) each friend has obtained for each item. Person B Person C Person D Person E Bouncy Castle Helium Tank Confetti Cannon Bubble Machine 500 400 300 200 500 700 900 700 200 500 600 200 300 700 Help Person A decide which of his friends should rent which equipment, and how much it will cost. Person A is only interested in the optimal combination

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