Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Poly Books, Inc., a publication company located in Syracuse, wants to assign three recently hired college graduates - Jimmy, Sandy, and Wendy - to regional

Poly Books, Inc., a publication company located in Syracuse, wants to assign three recently hired college graduates - Jimmy, Sandy, and Wendy - to regional sales in Albany, Ithaca, and Utica. It is clearly indicated from its HR Office that none of these three graduates will be assigned to the same locations.

The relocate costs are shown here in the table.

Hiree/Office Albany Ithaca Utica
Jimmy $800 $1,100 $1,200
Sandy $500 $1,600 $1,300
Wendy $500 $1,000 $2,300

Part a) The firm is trying to find the optimal assignment of personnel to offices with a minimal relocate cost. Use the network concept and create a network program for the above problem. Make sure you define the variables used and clearly list the objective function and constraints. You do not need to solve the program.

Part b) Later the firm received an update that it also has an opening in New York City and would send one of the three there if it were more economical than a move to Albany, Ithaca, or Utica. It will cost $1,000 to relocate Jimmy to New York City, $800 to relocate Sandy to New York City, and $1,500 to relocate Wendy to New York City. How will you modify your network program from the previous part to include this update?

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Public Finance A Contemporary Application Of Theory To Policy

Authors: David N. Hyman

9th Edition

0324537190, 9780324537192

More Books

Students also viewed these Finance questions