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1)

Let the amount of money invested in treasury notes be x and amount of money invested in
high yield bonds be y.

Maximize returns = 0.08*x +0.09*y

Subject to

Constraints:

x+y = 250000

x 125000 (Diversification constraint: x50%*250000)

y 100000 (Diversification constraint : y40%*250000)

x,y 0

2)

Let C = Number of Collegiates to produce,


M = Number of Minis to produce.

Maximize Total Profit = $32C + $24M,

subject to

Nylon: 3C + 2M 5000 square feet,


Labor Hours: (3/4)C + (2/3)M 1400 hours (1400=35*40),
Sales Forecast: C 1000
M 1200.
and C 0, M 0.

3)
Let
F = Full-time tellers
P1 = Part-time tellers starting at 9 AM (leaving at 1 PM)
P2 = Part-time tellers starting at 10 AM (leaving at 2 PM)
P3 = Part-time tellers starting at 11 AM (leaving at 3 PM)
P4 = Part-time tellers starting at noon (leaving at 4 PM)
P5 = Part-time tellers starting at 1 PM (leaving at 5 PM)

Minimise total manpower cost = $75*F + $24*(P1 + P2 + P3 + P4 + P5 )

Constraints:

F+ P1 10 (9-10 am needs)

F+ P1+ P2 12 (10-11 am needs)


F/2+ P1+ P2+ P3 14 (11-noon needs)

F/2+ P1+ P2+ P3 + P4 16(noon 1 pm needs)

F+ P2+ P3+ P4 + P5 18(1 2 pm needs)

F+ P3+ P4 + P5 17(2 3 pm needs)

F+ P4 + P5 15(3 4 pm needs)

F+ P5 10(4 5 pm needs)

F 12 (Total number of full time tellers)

4*(P1 + P2 + P3 + P4 + P5 ) 0.5*(10+12+14+16+18+17+15+10)(Part-time worker-hours


cannot exceed 50% of total hours required each day)

4*(P1 + P2 + P3 + P4 + P5 ) 56

F, P1, P2,P3 , P4 , P5 0

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