1. Touche Young Inc. has three auditors. Each can work as many as 160 hours during the next month, during which time thr
Posted: Mon May 30, 2022 4:02 pm
1. Touche Young Inc. has three auditors. Each can work as many as 160 hours during the next month, during which time three projects must be completed. Project 1 will take 130 hours; project 2, 140 hours; and project 3, 160 hours. The price per hour that can be billed for assigning each auditor to each project is given in table below. Project ($) Auditor 1 2 3 1 120 150 190 2 140 130 120 3 160 140 150 a. Formulate a balanced transportation problem to maximize total billings during next month b. Use the Northwest Corner Method to find a basic feasible solution to the problem c. Use the Minimum Cost Method to find a basic feasible solution to the problem. Use the transportation simplex method to find the optimum solution to the problem. d.