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Include both model formulation (as in part a of the example problems) and computer solution)
Lauren Moore has sold her business for $500,000 and wants to invest in condominium units (which she intends to rent) and land (which she will lease to a farmer). She estimates that she will receive an annual return of $8,000 for each condominium and $6,000 for each acre of land. A condominium unit costs $70,000, and land costs $30,000 per acre. A condominium will cost her $1,000 per unit, an acre of land will cost $2,000 for maintenance and upkeep, and $14,000 has been budgeted for these annual expenses. Lauren wants to know how much to invest in condominiums and land to maximize her annual return.
Formulate a mixed integer programming model for this problem.
Solve this model by using the computer.
At the start of the 20th century the nation was at a critical turning point. During the twenty years from 1900 to 1920 technological, political, economic, and social developments transformed the country in ways that still affect us today.
What is the typical duaration of a gamma ray burst?
Which of the following Supreme Court cases ruled that inmates who were being denied to practice their religion were entitled to legal redress?
Physicians and nurses are required by states to meet specific licensing requirements before providing care to the public; however, other health care workers are required to be licensed.
What do economists mean when they refer to “economies of scale”? Why do economies of scale exist in the context of hospital services? Does this mean a hospital market comprised of a few large hospitals is preferable to a hospital market comprised of ..
How are the approaches to managing innovation the same and different for new and incumbent firms? Are these patterns the same in all industries? If not, how do they vary across industries?
Determine at least two key factors which underscore differences between developed countries and resource poor communities in their capacity to respond to infectious disease threats following natural disasters to humans and livestock.
What is the impact of medication errors to the patient and the health care provider? Discuss ways doctors make mistakes in prescribing medication. What kinds of errors do nurses make regarding the administration of medications?
Write an application that uses Stringmethod compareTo to compare two strings i
Regarding President Bush's space plan, and concern some have with spending billions on space when we have so many earthly difficulties.
What might be a good example of encroaching western secularism?
Need help in researching and examining Germany's housing policy since the end of the Second World War when the country was faced with a massive housing shortfall.
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