Solution-Formulate an ip to help lotus point maximize

Formulate an ip to help lotus point maximize profits

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Reference no: EM13685583

The Lotus Point Condo Project will contain both homes and apartments. The site can accommodate up to 10,000 dwelling units. The project must contain a recreation project: either a swimming-tennis complex or a sailboat marina, but not both. If a marina is built, then the number of homes in the project must be at least triple the number of apartments in the project. A marina will cost $1.2 million, and a swimming-tennis complex will cost $2.8 million. The developers believe that each apartment will yield revenues with an NPV of $48,000, and each home will yield revenues with an NPV of $46,000. Each home (or apartment) costs $40,000 to build. Formulate an IP to help Lotus Point maximize profits.

Reference no: EM13685583

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Formulate an ip to help lotus point maximize profits

Reference no: EM13685583

Reference no: EM13685583

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