The president of a consulting firm wants to minimize the total number of hours it will take to complete four projects for a new client. Accordingly, she hasestimated the time it should take for each of her top consultants-Charlie, Betty, Johnny, and Rick-to complete any of the four projects, as follows:ConsultantCharlieBettyJohnnyRickA13111517O 0 hoursO 8 hoursO 10 hoursO9 hoursO 22 hoursProject (Hours)B16152217Cс11141212D13181522Assume there must be one-to-one matching between consultants and projects. After the row and column reductions, what is the resulting entry in the newtable for assigning Rick to project D?

Let me state the given data, Project…

Answered: The president of a consulting firm…

Practical Management Science

6th Edition

ISBN:9781337406659

Author:WINSTON, Wayne L.

Publisher:WINSTON, Wayne L.

Chapter2: Introduction To Spreadsheet Modeling

Section: Chapter Questions

Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...

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