Question
2. The town of Boulton is putting up for bids four used police vehicles. The town will allow individuals to make bids on all four
2. The town of Boulton is putting up for bids four used police vehicles. The town will allow individuals to make bids on all four vehicles but will accept only one bid per individual. Four individuals have made the following bids: Vehicle Individual Chevrolet Ford Plymouth AMC Alice 2,100 2,000 2,200 2,000 Bruce 2,250 2,100 2,050 2,050 Charles 2,150 2,050 2,000 2,1 50 Dora 2,200 2,050 2,050 2,100 a. Find the optimal assignment by the Hungarian Method. What will the total revenue be? (15 pts.) b. Formulate and solve a spreadsheet model for this problem. ((15 pts.) c. If multiple optimal solutions exist, provide all the optimal assignment solutions. (5 pts.)
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started