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the chicago board of education is taking bids on the...

Question: the chicago board of education is taking bids on the...

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The Chicago Board of Education is taking bids on the citys four school bus routes. Four companies have made the bids given in the following table. . Roure 1RouteRoue 3 Route Route 2 3000 4000 Route 3 Route 4 Company 1 Company 2 Company 3 Company 4 2500 1500 4000 3000 2000 4000 5000 (a) Suppose that each bidder can only be assigned to one route. Develop a model to find out how Chicago could minimize its cost of running the four bus routes. Suppose that each company can be assigned to at most two routes. Develop a model to find out how the companies should be assigned to the routes to minimize costs. (b)

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