Assignment method

Assignment method,

Definition of Assignment method:

  1. The assignment method is a way of allocating organizational resources in which each resource is assigned to a particular task. The resource could be monetary, personnel, or technological.

  2. The assignment method is used to determine what resources are assigned to which department, machine, or center of operation in the production process. The goal is to assign resources in such a way to enhance production efficiency, control costs, and maximize profits.

  3. A problem of determining how to minimize costs by a method of assigning machines and work centers.

Meaning of Assignment method & Assignment method Definition