Question

A local consulting firm currently has 5 jobs that have to be completed by its contract...

A local consulting firm currently has 5 jobs that have to be completed by its contract employees. After analyzing the time that it would take each specific employee to complete each specific job, and, the wages each specific employee is paid per hour, it determined how much it would cost if specific employees were assigned to specific jobs. These costs were calculated to be:

Cost ($)

Job

Employee

1

2

3

4

5

A

1,200

1,850

1,375

3,500

1,900

B

1,175

1,920

1,540

3,375

2,050

C

1,080

1,885

1,475

3,400

2,010

D

1,190

1,905

1,400

3,600

2,100

E

1,250

1,900

1,390

3,520

1,975

F

1,200

1,950

1,465

3,400

1,950

G

1,075

1,820

1,480

3,250

1,920

  1. If each employee can only be assigned at most one job and each job requires only one employee, which employees should be assigned to which jobs? For remaining parts, the changes are separately made based on the base model in part a.
  2. Because of some unprofessional conduct of employee C when he was previously assigned to job 1, he can no longer be assigned to job 1. Now which employees should be assigned to which jobs? Who benefits and who loses because of this unprofessional conduct?
  3. Because employees B and E belonged to “designated” groups, these two employees must be assigned jobs. Now, which employees should be assigned to which jobs? Who benefits and who loses because of this designation?
  4. Because the consulting firm has a policy that states that only one relative can be assigned a job, employees A and C cannot both be assigned jobs. Now which employees should be assigned to which jobs? Who benefits and who loses because of this company policy?
  5. Employees F and G took the consulting firm to court as the firm would only allow them to work one job, therefore, the firm now is forced to allow F and G to work up to two jobs. Given this new fact, which employees should be assigned to which jobs?

Note:This question is not a standard Assignment problem of the network models. It should be regarded as an integer programming problem with binary decision variables. Binary constraints are needed in both model formulation and solver solutions.

0 0
Add a comment Improve this question Transcribed image text
Answer #1

a)

b)

c)

Add a comment
Know the answer?
Add Answer to:
A local consulting firm currently has 5 jobs that have to be completed by its contract...
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for? Ask your own homework help question. Our experts will answer your question WITHIN MINUTES for Free.
Similar Homework Help Questions
  • Consulting firm Deloitte works with many organizations to improve their business practices. Recently, the firm looked...

    Consulting firm Deloitte works with many organizations to improve their business practices. Recently, the firm looked at its own internal processes and determined that its performance management system needed some new life. With over 65,000 employees to rate, the goal was to make the process faster, continuous, and simpler. After gathering information on its current practice and investigating the science behind performance evaluation, Deloitte came up with a revolutionary way forward. The current practice was a traditional method of cascading...

  • You’ve just accepted a lucrative consulting contract with a medium sized local manufacturing firm to help...

    You’ve just accepted a lucrative consulting contract with a medium sized local manufacturing firm to help improve the efficiency of their manufacturing processes. The company has offered three different payment options for your consideration. Option 1 (Fixed Salary): $79,400 per year with no annual raises Option 2 (Increasing Salary): $72,250 for the first year with annual raises of 5% starting in year 2 Option 3 (Irregular Salary): Because of the irregular nature of the assignment, the company has offered to...

  • James Polk started his own consulting firm, Polk Consulting, Inc. on May 1, 2020. The trial...

    James Polk started his own consulting firm, Polk Consulting, Inc. on May 1, 2020. The trial balance at May 31 is shown on a separate sheet. Other data: 1. $1,200 of supplies remain in the supply room at the end of the month. 2. Utilities expense incurred but not paid on May 31, 2020 are $280. 3. The insurance policy is for 18 months when it was issued 4. $1,100 of the balance in the unearned service revenue account was...

  • During the 2016 holiday season, you may have participated in Domino’s retweet-to-donate campaign to benefit St....

    During the 2016 holiday season, you may have participated in Domino’s retweet-to-donate campaign to benefit St. Jude Children’s Research Hospital. Domino’s raised a record-setting $7.3 million for St. Jude’s in 2016, adding to the over $31 million since 2004. St. Jude works to save children by finding cures for catastrophic illnesses through research and treatment. St. Jude currently has more than 7,500 patients annually for clinical visits or admission as a patient to one of the hospital's 78 beds. The...

  • BizCon, a consulting firm, has just completed its first year of operations. The com- pany’s sales...

    BizCon, a consulting firm, has just completed its first year of operations. The com- pany’s sales growth was explosive. To encourage clients to hire its services, BizCon offered 180-day financing—meaning its largest customers do not pay for nearly 6 months. Because BizCon is a new company, its equipment suppliers insist on being paid cash on delivery. Also, it had to pay up front for 2 years of insurance. At the end of the year, BizCon owed employees for one full...

  • BizCon, a consulting firm, has just completed its first year of operations. The com- pany’s sales...

    BizCon, a consulting firm, has just completed its first year of operations. The com- pany’s sales growth was explosive. To encourage clients to hire its services, BizCon offered 180-day financing—meaning its largest customers do not pay for nearly 6 months. Because BizCon is a new company, its equipment suppliers insist on being paid cash on delivery. Also, it had to pay up front for 2 years of insurance. At the end of the year, BizCon owed employees for one full...

  • Management at a marketing consulting firm in Minnesota is concerned that many of their associates have...

    Management at a marketing consulting firm in Minnesota is concerned that many of their associates have trouble getting to work during the winter season due to snow storms and other adverse weather conditions. An analysis by the HR department finds that most of the associates could actually perform their jobs without being in the office so long as they have a laptop and Internet access. Management would like to offer a work option to its associates to address this situation....

  • This activity is important because as a manager, you must be able to determine whether your...

    This activity is important because as a manager, you must be able to determine whether your employees are performing effectively and efficiently. In order to do this, you will need to conduct employee evaluations and monitor employee performance. A proper evaluation will involve job analysis and identification of tasks and behaviors that the employee can control. The goal of this exercise is to demonstrate your understanding of evaluating employee performance by reading the case and answering questions. Read the case...

  • Scenario Bizcon a consulting firm has just completed its first year of operations. to encourage clients...

    Scenario Bizcon a consulting firm has just completed its first year of operations. to encourage clients to hire its services Bizcon offered an 180 day financing meaning its largest customers do not pay for nearly 6 months. because BizCon is a new company, its equipment suppliers insist on bieng paid cash on delivery. also it had to pay up front for two years of insurance. at the end of the year BizCon owed employees for one full month of salaries,...

  • Scenario: BizCon, a consulting firm, has just completed its first year of operations. The company's sales...

    Scenario: BizCon, a consulting firm, has just completed its first year of operations. The company's sales growth was explosive. To encourage clients to hire its services, BizCon offered 180-day financing - meaning its largest customers do not pay for nearly 6 months. Because BizCon is a new company, its equipment suppliers insist on being paid cash on delivery. Also, it had to pay up front for 2 years of insurance. At the end of the year, BizCon owed employees for...

ADVERTISEMENT
Free Homework Help App
Download From Google Play
Scan Your Homework
to Get Instant Free Answers
Need Online Homework Help?
Ask a Question
Get Answers For Free
Most questions answered within 3 hours.
ADVERTISEMENT
ADVERTISEMENT