Lauren moore has sold her business

Assignment Help Business Economics
Reference no: EM1322771

Q. Lauren Moore has sold her business for $720,000 also wants to invest in condominium units (which she intends to rent) also land (which she will lease to a farmer). She estimates that she will receive an annual return of $8000 for each condo also $6000 for each acre of land. A condo cost $65000 also land is $28000 every acre. A condo will cost her $2000 every unit, an acre of land will cost $1500 for maintenance also upkeep also $14000 has been budgeted for these annual expenses. There are a total of 8 condos also 10 acres of land available for purchase. Lauren wants to know Elucidate how much to invest in condos also land to maximize her return.

a) Identify the type of integer programming modeling framework that will be appropriate for this problem.
b) Solve it using Excel.

 

Reference no: EM1322771

Questions Cloud

Expected values of the probability distributions : Computing the expected values for the given probability distribution and evaluate the expected values of the following probability distributions
Consider a small country that exports steel : Consider a small country that exports steel. Assume that a "pro-trade" government deicdes to subsidize the export of steel by paying
Understanding of terms and transformation : Be sure to include concepts and terms from the e-Business strategies for virtual organizations text to demonstrate your understanding of the terms and the transformation to an i-business.
Find the probability for uniform distribution : The random variable x is known to be uniformly distributed between 70 and 90. The probability of x having a value between 80 to 95 is
Lauren moore has sold her business : Lauren Moore has sold her business for $720,000 also wants to invest in condominium units (
Find the proportion of the observations : Computing probability values using normal distribution - Find the proportion of the observations will fall in the interval from 40 to 60?
Calculating probability using normally distributed with mean : Suppose the random variable X is normally distributed with mean =50 and standard deviation =7 calculate P(X).
Conditional probability distribution for the given question : The technician has just made an attempt to calibrate the machine. a. What is the probability that the machine is in adjustment?
Preferences consistentwith diminishing marginal utility : Are these preferences consistent with the lw of diminishing marginal utility

Reviews

Write a Review

Business Economics Questions & Answers

  Important points and areas on the business cycle.

Illustrate on your graph and in words all important points and areas on the business cycle.

  Characterized by scale of economies

Is there any range of production characterized by scale of economies. At Illustrate what production level are scale economies exhausted.

  Aggregate demand recession is transmitted

Illustrate what is the mechanism by which an aggregate demand recession is transmitted from one country to another.

  What is the effective rate of protection

What is the effective rate of protection for the automobile industry in country A, if there is a tariff of 25 percent on imported automobiles and a tariff of 50 percent on imported inputs used in this industry.

  Effect on interest rates

What would you expect to be the effect on interest rates if the Fed held the money supply constant.

  Incumbent monopoly in a market

there is an incumbent monopoly in a market. A potential entrant may enter. Draw the game tree describing the situation?

  Aggregate economic effects of the combination

Find out the aggregate economic effects of the combination of the shock to the economy and the government's response to it.

  Budget surplus to reduce the existing debt

Which of the following would occur if the federal government decided to use a budget surplus to reduce the existing debt.

  Raise government spending

How much should it raise government spending, if the government looks to raise income to 3000.

  Curtailed on the nadir

The narrator is consumed by the idea that human begings do not actually have free will. How is his free curtailed on the nadir, and how does he fight back.

  Two alternative recreation projects

A county is considering using a piece of park land for one of two alternative recreation projects. Project S would require construction costs of $2 million (year 0) and generate net benefits of $1 million per year for 10 years.

  Abatement levels should be reallocated across

Conclude how the abatement levels should be reallocated across the 2 industries to minimize costs.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd