Armdale Property Management has significant holdings in the Halifax Regional Municipality Over the last several years it has submitted many development proposals to the city and received approval. The challenge is to decide which projects to undertake in 2013 and which to deferer never pursue. In preparation of an upcoming meeting, staff have been asked to prepare a list of recommended projects for 2013. Projects under consideration are as follows Notations Project Lifetime Location Cycan) Investment Forecasted Project Required in Profit 2013 Type $2,500,000 $1,400,000 Multi A Almon Novales ST.S00,000 51,200,000 Mixed ws 3000M Rockingstone 50000 Williams Lake $1,700,000 500.000 Simple family Peninsula BE Peninsula Mainland South Mainland South HR County West HER County West Clayton Park Bedford E 5900,000 3500.000 4 F Lakeside S800,000 SOOD 3 TH Larry Dec SIBIRO 5750,000 gle family Sandy Lake SORO 31,100,000 Single family Powder M52.000.000 1.800.000 Single Lake 6 1 6 Hedond The projects will take many years to complete and will require additional investments in future year, but APM is limited in what it can invest now and wants to maximize the total profit generated. If the Almon project is elected, then the Novalea one should not. If thellubley project is selected, then the Lakeside project must also be done, but Lakeside can be done without doing Hubley. Fixactly two projects should be single family and at least two must be mixed use of multi-unit. APM has $6,000,000 to invest in 2013. What do you recommend Formulate an LP model Let A-1 i APM selects project Aand-Oif it does not Define variables B, C, D, E, F, G, H, and I in the same manner. The objective function is in Simillion The constraint for the statement "If the Hubley project is selected, then the Lakeside project must also be done, but Lakeside can be done without doing Hubley" is given by OE+F-1 O2 OE- OE PRI OEST Previous Page Next Page Page 10 of 10 unit Question 10 (3 points) Armdale Property Management has significant holdings in the Halifax Regional Municipality Over the last several years it has submitted many development proposals to the city and received approval. The challenge is to decide which projects to undertake in 2013 and which to defer or never purses, la preparation of an upcoming meeting staff have been asked to prepare a list of recommended projects for 2013. Projects under consideration are as follows Notations Project Tavement Forecasted Project Lifetime Location Required in Profit Type (years) 2013 A Almon $2.500.000 $1,400,000MG Penila B Novale 51,800,000 $1.200,000 Mixed 12 Penila C Rockingstone 500.000 $300,000 Muc 5 Mainland South Wis S1,760,000 $800,000 Single 5 Mainland Lake South E Hubley EST00 5500000 Mul HER County West de S000 EGOOD THE County unit West SOCO 950,000 Single Park H Sandy Lake 51.500.000 51.100, Single 6 Bedford D 4 G Larry Beck Clayton 1 6 Powder Mill 52,000,000 Lake 51,800,000 Single family Bedford The projects will take many years to complete and will require additional investments in future years, but APM is limited in what it can be now and wants to maximize the total profit generated If the Almen project is selected, then the Novalea one should not the oblay project is selected, then the Lakeside project must also be done, but Lakeside can be done without doing Hubley Exactly two projects should be single family and at least two must be mixed wrece multi-unit. APM has 56,000,000 to invest in 2013. What do you recommend? Formulate an LP model Let A-li APM selects project and if it does not Define variables B,C,D,E,F,G,H, and in the same manner The objective function is in 5million The constraint for the statement "If the Hubley project is selected, then the Lakeside project must also be done, but Lakeside can be done without doing Hubley" is given by OE+F-1 OET ORI OEST Question 10 (3 points) Armdale Property Management has significant holdings in the Halifax Regional Municipality Over the last several years it has submitted many development proposals to the city and received approval. The challenge is to decide which projects to undertake in 2013 and which to defer or never pursue. In preparation of an upcoming meeting, staff have been asked to prepare a list of recommended projects for 2013. Projects under consideration are as follows: Notations Project Location Lifetime (years) Investment Forecasted Project Required in Profit Type 2013 $2.500.000 S1.400 Multi- A Almon Peninsula 3 Novalca S1.500.000 31200 Med Rockingstone 500.000 SC00.000 Mult 5 D 51,700,000 Single family 5 Lake Haley S900.000 $500.000 4 Peninsula Mainland South Mainland South His County West Has County West Clayton Park Bedford F Lakeside S800.000 G Larry Utock SI300,000 3 H Sandy Lake $1,500,000 unit 5750,000 Single family 51,100,000 Single family 1:500.000 Single family 6 Powder Mall 52,000,000 Lake Bedford The projects will take many years to complete and will require additional investments in future years, but APM is limited in what it can invest now and wants to maximize the total profit generated. If the Almon project is selected, then the Novalea one should not. If the fubley project is selected, then the Lakeside project must also be done, but Lakeside can be done without doing Hubley. Exactly two projects should he single family and at least two must be mixed use of multi-unit. APM has $6,000,000 to invest in 2013. What do you recommend? Formulate an LP model Let A-1 i APM selects project Aand-Oif it does not Define variables B, C, D, E, F, G, H, and in the same manner. The objective function is in 51million. The constraint for the statement "If the Hubley project is selected, then the Lakeside project must also be done, but Lakeside can be done without doing Hubley" is given by OE+F-1 AUTO OE- OEFST OERI OEST