Welcome!

This community is for professionals and enthusiasts of our products and services.
Share and discuss the best content and new marketing ideas, build your professional profile and become a better marketer together.

This question has been flagged
3 Replies
53 Views

In the Hungarian Method, what does the "cost matrix" represent?

Avatar
Discard
Best Answer

In the Hungarian Method, the cost matrix represents the costs associated with assigning tasks to agents. Each element in the matrix corresponds to the cost of assigning a particular task (represented by a row) to a specific agent (represented by a column). The goal is to find the assignment of tasks to agents that minimizes the total cost (or maximizes the total profit, in the case of a profit matrix). The method optimizes this assignment by working through the cost matrix.




Avatar
Discard
Best Answer

In the Hungarian Method, the "cost matrix" represents the costs associated with assigning each task to a specific resource. Each element in the matrix corresponds to the cost of assigning a particular task (row) to a particular resource (column), and the goal is to minimize the total cost of these assignments.

Avatar
Discard
Best Answer

.

Avatar
Discard