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Subcontract Works (In Thousands of Pesos) Compan Y: Quantitative Methods

The document presents two assignment problems to solve. The first problem involves assigning five subcontract works (V, W, X, Y, Z) to five companies (A, B, C, D, E) based on their bids to minimize total cost. The second problem involves assigning five machines to five jobs (A, B, C, D, E) based on their costs to minimize total cost. For both problems, the solution involves creating tables to list the costs and determine the optimal assignment to minimize total cost.

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mohed ahmed
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413 views3 pages

Subcontract Works (In Thousands of Pesos) Compan Y: Quantitative Methods

The document presents two assignment problems to solve. The first problem involves assigning five subcontract works (V, W, X, Y, Z) to five companies (A, B, C, D, E) based on their bids to minimize total cost. The second problem involves assigning five machines to five jobs (A, B, C, D, E) based on their costs to minimize total cost. For both problems, the solution involves creating tables to list the costs and determine the optimal assignment to minimize total cost.

Uploaded by

mohed ahmed
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
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Quantitative Methods

Quiz: Assignment Problem


Name: ______________________________________ Schedule: _______________________
Problem 1: NO ERASURES!!!
The LMV Company has just awarded an engine development contract. The contract terms require that at least 5 other smaller
companies be awarded subcontracts for a portion of the total work. So LMV bids for small companies A, B, C, D and E to do
the subcontract works in five areas: V, W, X, Y and Z. The bids are as follows:

Subcontract Works
(in thousands of pesos)
V W X Y Z
Compan A 145 160 175 145 130
y
B 150 155 140 145 145
C 160 170 180 120 140
D 130 120 160 155 125
E 160 125 165 185 135

Which bids should be given to which company in order to fulfill the contract terms at the least cost?
SOLUTION:
Table 2:
V W X Y Z
A
B
C
D
E

Table 3:
V W X Y Z
A
B
C
D
E

Decision:
Company Subcontract Work Cost
___________ ___________ _____________________
___________ ___________ _____________________
___________ ___________ _____________________
___________ ___________ _____________________
___________ ___________ _____________________
Total Minimum Cost: _____________________
Problem 2:
Given the following data, determine the least cost of allocation of the variable machines to the five jobs.
; Jobs
A B C D E
Machine 1 37 26 33 32 45
s
2 25 22 39 34 24
3 31 35 26 28 36
4 42 18 28 40 23
5 29 19 38 27 42
SOLUTION:
Table 2:
A B C D E
1
2
3
4
5

Table 3:
A B C D E
1
2
3
4
5

Table 4:
A B C D E
1
2
3
4
5

Table 5:
A B C D E
1
2
3
4
5

Decision:
Machine Job Cost
___________ ___________ _____________________
___________ ___________ _____________________
___________ ___________ _____________________
___________ ___________ _____________________
___________ ___________ _____________________
Total Minimum Cost: _____________________

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