Question
Globex Investment Capital Corporation owns six companies that have the following estimated returns (in millions of dollars) if sold in one of the next 3
Globex Investment Capital Corporation owns six companies that have the following estimated returns (in millions of dollars) if sold in one of the next 3 years:
To generate operating funds, the company must sell at least $20 million worth of assets in year 1, $25 million in year 2, and $35 million in year 3. Globex wants to develop a plan for selling these companies during the next 3 years to maximize return.
Formulate an integer programming model for this problem and solve it by using the computer
Find constraints, decision variables and objective function
Company | Year Sold (estimated returns, $1,000,000s) | ||||
1 | 2 | 3 | |||
1 | $14 | $18 | $23 | ||
2 | 9 | 11 | 15 | ||
3 | 18 | 23 | 27 | ||
4 | 16 | 21 | 25 | ||
5 | 12 | 16 | 22 | ||
6 | 21 | 23 | 28 |
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