The assignment model, Managerial Accounting

Assignment Help:

The assignment model

Consider the situation of assigning m jobs (or workers) to n machines. A job i(= 1,2,3 ...m) when assigned to machine j(= 1,2,3 ...n)  acquires a cost Cij. The objective is to assign the jobs to the machines (on job per machine) at the least total cost. The situation is known as the assignment problem.

The formulation of this problem may be regarded as a special case of the transportation model. These jobs represent "sources" and machines represent "destinations". The supply obtainable at each source is 1; which is  ai = 1 for all i. Likewise, the demand needed at each destination is 1, which is bj = 1 for all j. The cost of "transporting" (assigning) job i to machine j is Cij.  If a job cannot be assigned to a certain machine, the corresponding Cij is taken equal to M, a very high cost. We represent in the table the general ideal of the model.

1063_box1.jpg



Before the model can be solved by the transportation technique, it is necessary to balance the problem by adding fictitious jobs or machines, depending on whether m < n or m > n.  It will be assumed that
m = n without loss of generality.

The assignment model can be stated mathematically as shown below:

Let Xij  = 0 if the jth job is not assigned to the ith machine.
          = 1 if the jth job is allocated to the ith machine.

The model is thus specified by:

Minimize: 

1105_1.jpg

Subject to :

583_2.jpg

Xij = 0 or 1

1443_3.jpg

 


Related Discussions:- The assignment model

Gross working capital, Financial decisions are depends on specific consider...

Financial decisions are depends on specific considerations the major being the cash flows, liquidity and cost. Short-term working capital decisions or financial decisions are diffe

Steps of choosing an accounting based performance, Steps of choosing an acc...

Steps of choosing an accounting based performance measure Consider the overall goal of the organization as a whole. It is important to choose a measure of accomplishment that r

Gardner manufacturing company produces, Gardner Manufacturing Company produ...

Gardner Manufacturing Company produces a product that sells for $120. A selling commission of 10% of the selling price is paid on each unit sold. Variable manufacturing costs are $

Calculate the net operating income , calculate the net operating income ,  ...

calculate the net operating income ,  evergreen corp has provided the following data: sales per period 1000 units ,selling price $ 40 per unit , variable manufacturing cost 12 p

Identify and briefly describe four trends in macro market e, identify and b...

identify and briefly describe four trends in macro market environment which influence on the selected industry?

Transfer pricing , Western States Supply, Inc. (WSS), consists of three div...

Western States Supply, Inc. (WSS), consists of three divisions—California, Northwest, and Southwest—that operate as if they were independent companies. Each division has its own sa

What are the features of zero base budgeting, What are the Features of zero...

What are the Features of zero base budgeting 1) Manager of a decision unit has to completely justify why there should be at all any budget allotment for his derision unit. This

What is the scope of waste heat boilers, What is the Scope of Waste heat bo...

What is the Scope of Waste heat boilers This specification covers the minimum requirements for the design, material selections, fabrication, testing and inspection of shop- / o

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd