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Rosenberg Land Development (RLD) is a developer of condominium properties in the Southwest United States. RLD has recently acquired a 40.625 acre site outside of Phoenix, Arizona. Zoning restrictions allow at most 8 units per acre. Three types of condominiums are planned: one, two, and three bedroom units. The average construction costs for each type of unit are $450,000, $600,000, and $750,000. These units will generate a net profit of 10%. The company has equity and loans totaling $180 million dollars for this project. From prior development projects, senior managers have determined that there must be a minimum of 15% one-bedroom units, 25% two-bedroom units, and 25% three-bedroom units. a. Develop a linear optimization model to determine how many of each type of unit the developer should build. b. Implement your model on a spreadsheet and find an optimal solution. c. Explain the value of and limitations on increasing the budget for the project.
jane wants to setup a photo shop. the cost to rent an office is 150 per week. the variable cost of making one photo is
The shelf life of a battery produced by one major company is known to be Normally distributed, with a mean life of 4 years and a standard deviation of 1 years.
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question 1a the x and y components of fluid velocity in a two-dimensional flow field are ux and v -y respectivelyi
A professor recently gave a quiz in their class and the quiz scores have a bell-shaped distribution with a mean of 30 and a standard deviation of 5.
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An interior designer makes a presentation to potential clients and this results in sales of her services in 35% of the cases. Let X denote the number of sales in the next four presentations. Assuming the results for different clients are indep..
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The variance of each of the following sets of scores
Describe each r value in words
What proportion of textbooks receive favourable reviews?
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