Describe globex investment capital corporation

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Reference no: EM13711390

Describe Globex Investment Capital Corporation: Integer programming

Problem- Globex Investment Capital Corporation owns six companies that have the following estimated returns (in millions of dollars) if sold

in 1 of the next 3 years:

Year Sold (estimated return, $1,000,000s)

Company

$14

$18

$23

To generate operating funds, the company must sell at least $20 million worth of assets in year 1, $25 million in year 2, and $35 million in year 3. Globex wants to develop a plan for selling these companies during the next 3 years to maximize return.

Part 1- Formulate a binary programming model for this problem and solve it by using the computer.

I need help to explain Globex Investment Capital Corporation integer programming and solve this binary integer programming problem.

Reference no: EM13711390

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