International Conference on Mechanical and Electrical Technology, 3rd, (ICMET-China 2011), Volumes 1–3
164 Information Technology in Operation Analysis
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This paper discusses the role of Quantitative techniques in Business Management. How the business organizations can use those as business applications and competitive advantage tools. Some of the topics covered in this paper are:
➢ Hungarian Method for Solving Assignment Problem
➢ Unbalanced Assignment Problem
➢ Restricted Assignment Problem
This paper will attempt to demonstrate assigning ‘n’ number of resources to ‘n’ number of activities. Any organization involves planning, scheduling, and controlling a number of inter related activities with use of limited resources, namely men, machines, materials, money and time. The assignment problem has varying...