Reference no: EM131413382

QUANTITATIVE TECHNIQUES: ASSIGNMENT PROBLEM

To stimulate interest and provide an atmosphere for discussion, a finance faculty in management school is to hold special seminars on four contemporary topic leasing portfolio management private mutual funds and options. Such seminars should be held once a week in the afternoon. However, scheduling these seminars (one for each topic and not more than seminar per afternoon.) has to be done so that the number of students unable to attend is kept to a minimum. A careful study indicates that the number of students who cannot attend a particular seminar on a specific day is as follows;

	Leasing	Portfolio management	Private mutual funds	Swaps and options
Mon	50	40	60	20
Tue	40	30	40	30
Wed	60	20	30	20
Thur	30	30	20	30
Fri	10	20	10	30

Required

i) Find an optimal schedule of the seminars.
ii) Find out the total number of students who will be missing at least one seminar.
iii) Explain your solution.