While solving an assignment problem, an activity is assigned to a resource through a square with zero opportunity cost because the objective is to?
A. Minimize total cost of assignment
B. Reduce the cost of assignment to zero
C. Reduce the cost of that particular assignment to zero
D. All of the above
Answer: Option A
Solution(By Examveda Team)
While solving an assignment problem, an activity is assigned to a resource through a square with zero opportunity cost because the objective is to minimize total cost of assignment. The objective of assignment problem is to assign a number of jobs to an equal number of machines so as to minimize the total assignment cost or to minimize the total consumed time for execution of all the jobs. In the multi-objective assignment problem, the objectives alone are considered as fuzzy.This Question Belongs to Management >> Operations Research
A. Is possible when the variables value is known
B. Reduces the scope of judgement & intuition known with certainty in decision-making
C. Require the use of computer software
D. None of the above
A. Must be deterministic
B. Requires computer aid for its solution
C. Represents data in numerical form
D. All of the above
A physical model is example of.
A. An iconic model
B. An analogue model
C. A verbal model
D. A mathematical model
The qualitative approach to decision analysis relies on.
A. Experience
B. Judgement
C. Intuition
D. All of the above
Join The Discussion