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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 $14,000has been budgeted for these annual expenses. Lauren wants to know how much to invest in condominiums and land to maximize her annual return.
a. Formulate a mixed integer programming model for this problem.b. Solve this model by using the computer
Jason Trevor owns a commercial bakery in Blakely, Georgia, that produces a variety of goods sold in grocery stores. Trevor is required by law to perform internal tests on food produced at his plant to check for contamination.
Can management or organizational culture actually cause a mishap? Again, how would an investigator actually prove that a certain culture was causation in the accident?
Why is it important to continuously update the implementation and communication of a strategic plan? Who should be responsible for updating
The solution is detailed and dsecribes the concepts very well. The solution is very simple to understand as well. All the steps are clearly shown which makes it very easy for anyone to follow. Overall, an excellent response to question being asked..
Developing an understanding of the content and complexity of the project is the purpose of -developing a project charter activity of the project planning phase.
Illustrate what are similarities of effective and ineffective cycles. Building a culture that was inclusive of diverse cultures and accommodates highly creative technical staff.
What is the role of leadership in creating, managing, and sustaining innovation in your organization? What are the ethical implications of an individual reward system? Support your answer.
Drew's refusal to hire Hispanic companies is not a violation of Title VII of the Civil Rights Act because that law does not cover discrimination against independent contractors.
Assessing the impact of different management styles on the motivation and productivity of employees best illustrates the professional concerns of what?
As a beginning songwriter and performer, you are convinced that a certain model of guitar is what you need to turn the musical world on its ear
Which proposal would you recommend to top management? Why? How much of a change in sales would be required in order to make the returns of the two proposals equivalent
ABC Co manufactures a subcomponent at the rate of 400 per day when required. Its annual demand for this item is 50000 unites. Assume 250 working days per year.
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