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Alexis Harrington received an inheritance of $95,000, and she is considering two speculative investmentsâ€"the purchase of land and the purchase of cattle. Each investment would be for 1 year. Under the present (normal) economic conditions, each dollar invested in land will return the principal plus 20% of the principal; each dollar invested in cattle will return the principal plus 30%. However, both investments are relatively risky. If economic conditions were to deteriorate, there is an 18% chance she would lose everything she invested in land and a 30% chance she would lose everything she invested in cattle. Alexis does not want to lose more than $20,000 (on average). She wants to know how much to invest in each alternative to maximize the cash value of the investments at the end of 1 year.
Formulate a linear programming model for this problem.
After the art work was delivered and accepted by Sabathia, Sabathia refused to pay the $2,000 and demanded to only pay $1,500. Is the contractual modification binding? Please explain using the IRAC Formula.
ip-6 management has been approached with a proposition to buy out a Venezuelan soft drink manufacturer and bottler.
Access the most recent Investext Plus, Mergent?
The Chief information Officer at your organization (or any company you are familiar with) recently said; "Strategy is the enemy of adaptability".
how to request a speaker for an eventwrite a proposal letter to a respected community figure asking him to deliver a
Describe a business's responsibilities to the environment, employees, customers, investors, and the community, and determine which is the most important.
What is Operation Management's Relationship to Business Objectives?
What crime is committed when someone writes a check that is drawn from an account with insufficient funds? Why is that considered a crime?
Review the structure of your health care insurance plan. From your readings, discuss what organizational structure appears to form the basis for your plan. Is it an IPA, a PPO, a staff model or group model, and so forth?
ABC Corp. has a bonus plan in place for its CEO, linking her pay to annual earnings. ABC will pay her $180,000 if earnings are high, $90,000 if they are normal, and $0 if they are low. Each event is estimated to have equal probability. Assume the ..
How is the business cycle related to employment and inflation?
Explain A project consists of multiple phases and Which of the following is a valid statement and applies to each phase of the project?
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