What is the Hungarian Method used for in Operations Research?
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In Operations Research, the Hungarian Method is used for solving assignment problems, where the goal is to assign a set of tasks to a set of agents in the most optimal way, typically minimizing total cost or maximizing total profit. These problems arise in situations such as job scheduling, resource allocation, or matching tasks to workers. The Hungarian Method provides an efficient algorithm to find the optimal one-to-one assignment by transforming and manipulating the cost (or profit) matrix.
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The Hungarian Method in Operations Research is used for solving assignment problems, where the goal is to optimally assign tasks to resources in a way that minimizes total cost or maximizes total profit. It is particularly effective for problems where there is a one-to-one assignment of tasks to resources.