In Problems 49-54, use Excel to solve each linear programming problem.
Investment analysis Conglomo Corporation is considering investing in other smaller companies, and it can purchase any fraction of each company. Each investment by Conglomo requires a partial payment now and a final payment 1 year from now. For each investment, the following table summarizes the amount of each payment (in millions of dollars) and the projected 5-year profit (also in millions of dollars).
Company Company Company Company Company | |||||
1 | 2 | 3 | 4 | 5 | |
Paid now Paid in | 13.2 | 63.6 | 6.0 | 6.0 | 34.8 |
1 year Projected | 3.6 | 7.2 | 6.0 | 1.2 | 40.8 |
profit | 15.6 | 19.2 | 19.2 | 16.8 | 46.8 |
This table may be interpreted as follows: If Conglomo purchases one-fifth of Company 4, then it pays
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