The Chimney Commercial Corporation (CCC) has new funds that must be allocated to agriculture loans, personal loans, and mortgage loans. The annual rates of return for the three types of loans are 12% for agriculture loans, 9% for personal loans, and 7% for morngage loans. The CC's planning committee has decided following conditions must be met. • At least 60% of the new funds must be allocated to agricuiture loans The amount allocated to personnel loans cannot exceed 70% of the amount allocated to mortgage loans • Agriculture loan must be at most 2.50 times the mortgage loan The amount allocated to mortgage loan must be equal to the sum of 20% of the agriculture and 75% of the personal loan Formulate a linear programming model that can determine the amount of funds CCC should allocate to each type of loan to maximize the total annual return for the new funds (II-3) Define the decision variable/s property (I-b) Write down the objective function (1-C) Write down all constraintis in such a way that RHS should not have any variable.

The Chimney Commercial Corporation (CCC) has new funds that must be allocated to agriculture loans, personal loans, and mortgage loans. The annual rates of return for the three types of loans are 12% for agriculture loans, 9% for personal loans, and 7% for morngage loans. The CC's planning committee has decided following conditions must be met. • At least 60% of the new funds must be allocated to agricuiture loans The amount allocated to personnel loans cannot exceed 70% of the amount allocated to mortgage loans • Agriculture loan must be at most 2.50 times the mortgage loan The amount allocated to mortgage loan must be equal to the sum of 20% of the agriculture and 75% of the personal loan Formulate a linear programming model that can determine the amount of funds CCC should allocate to each type of loan to maximize the total annual return for the new funds (II-3) Define the decision variable/s property (I-b) Write down the objective function (1-C) Write down all constraintis in such a way that RHS should not have any variable.

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Advanced Engineering Mathematics

10th Edition

ISBN:9780470458365

Author:Erwin Kreyszig

Publisher:Erwin Kreyszig

Chapter2: Second-order Linear Odes

Section: Chapter Questions

Problem 1RQ

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