A company is taking bids on four construction jobs. Three contractors have placed bids on the jobs. Their bids (in thousands of dollars) are given in the file P05_52.xlsx. (A blank indicates that the contractor did not bid on the given job.) Contractor 2 can do only one job, but contractors 1 and 3 can each do up to two jobs. Determine the minimum cost assignment of contractors to jobs
A company is taking bids on four construction jobs. Three contractors have placed bids on the jobs. Their bids (in thousands of dollars) are given in the file P05_52.xlsx. (A blank indicates that the contractor did not bid on the given job.) Contractor 2 can do only one job, but contractors 1 and 3 can each do up to two jobs. Determine the minimum cost assignment of contractors to jobs
Intermediate Accounting: Reporting And Analysis
3rd Edition
ISBN:9781337788281
Author:James M. Wahlen, Jefferson P. Jones, Donald Pagach
Publisher:James M. Wahlen, Jefferson P. Jones, Donald Pagach
Chapter12: Intangibles
Section: Chapter Questions
Problem 7RE
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A company is taking bids on four construction jobs. Three contractors have placed bids on the jobs. Their bids (in thousands of dollars) are given in the file P05_52.xlsx. (A blank indicates that the contractor did not bid on the given job.) Contractor 2 can do only one job, but contractors 1 and 3 can each do up to two jobs. Determine the minimum cost assignment of contractors to jobs
(Note that the data from P05_52.xlsx is already in the excel sheet (B5:E7).
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