Intro to Industrial Engineering
The Hungarian Algorithm is a combinatorial optimization method used to solve assignment problems, where the goal is to minimize the cost of assigning tasks to resources. This algorithm efficiently determines the optimal way to assign a set of agents to a set of tasks while ensuring that each agent is assigned to exactly one task and vice versa. It is particularly useful in transportation and assignment problems, where costs vary for different assignments, allowing for effective decision-making in resource allocation.
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