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Consider the following statements in respect of assignment method of optimization:

1.   The matrix format of the method must be a square matrix.           

2.   Some type of rating has to be given to the performance of each pairing.

Which of the statements given above is/are correct?

(a) Only 1                       (b) Only 2

(c) Both 1 and 2             (d) Neither 1 nor 2

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