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Unformatted text preview: 140 hours per month to these investments. Each commercial building requires 4 hours of the property manager's time each month, while each apartment building will require 40 hours per month. The yearly cash flow (after deducting mortgage payments and operating expenses) is estimated at $2,000 per commercial building and $3,000 per apartment building. The professor would like to allocate his investment funds to apartment and commercial buildings in order to maximize the yearly cash flow. Fractional values for the commercial and/or number of apartment buildings are not acceptable. Solve this integer programming problem by using the simplex method and the branch-and-bound algorithm. Construct a stick-tree to aid in problem solution....
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This note was uploaded on 11/13/2011 for the course COP 4355 taught by Professor Koslov during the Spring '10 term at University of Florida.
- Spring '10