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

Just-in time inventory management-jit production , Just-in Time (JIT) Inven...

Just-in Time (JIT) Inventory management JIT is a system whose purpose is to generate or to purchase products or components as they are required by customers or for use rather

Explain programmer budgeting according to burkhead, Explain Programmer budg...

Explain Programmer budgeting According to burkhead According to burkhead a program budget serves a different purpose than performance budget. A performance budget is useful fo

Ageing schedule, Ageing Schedule: AS is classifies outstanding accounts r...

Ageing Schedule: AS is classifies outstanding accounts receivable at a specified point of time into various age brackets. A clarifying ageing schedule is specified below.

Mgt acc., companyXYZusesthe job oder costing system.

companyXYZusesthe job oder costing system.

Break Even Sales in Units, Kibble Company had the following functional inco...

Kibble Company had the following functional income statement for the month of July 2011: Kibble Company Functional Income Statement For the Month Ending July 31, 2011 Sales ($40 x

The basic eoq model-the deterministic models, THE BASIC EOQ MODEL This ...

THE BASIC EOQ MODEL This is the most simple of all the models discussed. In addition to the general assumptions which relate to all deterministic models (i.e. certainty of all

Mgt, #question1-50..

#question1-50..

Explain the interest coverage ratio, Interest coverage ratio (or debt servi...

Interest coverage ratio (or debt service ratio)  Meaning: this ratio establishes a relationship among net profits before interest and taxes and interest on long debt. Obj

Determine the nature of accounting, The Nature of Accounting Accounti...

The Nature of Accounting Accounting is process of recording, analyzing, summarizing, and interpreting financial (money-related) activities to allow individuals as well as org

#titleCORPORATE GOVERNANCE, Final paper: CAPM and Capital Structure (2500 w...

Final paper: CAPM and Capital Structure (2500 words max) Reflect on the course materials with specific focus on the last two papers (Sharpe; Modigliani & Miller). Synthesize the k

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