TechSave Inc. is a technology company with four software development tasks and five software engineers. Each...
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TechSave Inc. is a technology company with four software development tasks and five software engineers. Each task requires different expertise, and there are associated costs for assigning each task to a particular engineer. The objective is to minimize the total allocation costs while ensuring all tasks are allocated to skillful engineers. Your task is to formulate an optimization model that assigns each project to one engineer and minimizes the total allocation costs. Please consider that engineers cannot perform more than one task at a time, and neither Alex nor Chris will likely achieve Project Z on time. The following table provides the cost ($) for each task-engineer combination. Project X Project Y Project Z Project A Questions: a) b) Alex Bella Chris David Emma 9 8 7 10 7 6 9 11 5 9 4 6 7 8 6 8 10 8 5 12 Formulate an optimization model (decision variables, objective function, and constraints) to find the optimal assignment that minimizes the total cost. Solve the model using Lingo/Excel and explain your results. TechSave Inc. is a technology company with four software development tasks and five software engineers. Each task requires different expertise, and there are associated costs for assigning each task to a particular engineer. The objective is to minimize the total allocation costs while ensuring all tasks are allocated to skillful engineers. Your task is to formulate an optimization model that assigns each project to one engineer and minimizes the total allocation costs. Please consider that engineers cannot perform more than one task at a time, and neither Alex nor Chris will likely achieve Project Z on time. The following table provides the cost ($) for each task-engineer combination. Project X Project Y Project Z Project A Questions: a) b) Alex Bella Chris David Emma 9 8 7 10 7 6 9 11 5 9 4 6 7 8 6 8 10 8 5 12 Formulate an optimization model (decision variables, objective function, and constraints) to find the optimal assignment that minimizes the total cost. Solve the model using Lingo/Excel and explain your results.
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Related Book For
Fundamental Managerial Accounting Concepts
ISBN: 978-0078110894
6th Edition
Authors: Edmonds, Tsay, olds
Posted Date:
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