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minimize f (x) (1) subject to: 0.4x) = 0 for 2' = 1, 2,. . . ,p (2) cj(x)20 forj=1,2,...,q (3) Problem: You have been
minimize f (x) (1) subject to: 0.4x) = 0 for 2' = 1, 2,. . . ,p (2) cj(x)20 forj=1,2,...,q (3) Problem: You have been made CEO of an international company which sells smart phones. Next year you will launch your next product: the ePhone 15. Your goal is to maximize the net revenue from this product after one year, after factoring in R&D costs. In other words, you want to maximize 2024's prots minus what you spend in 2023 to design the phone. No matter what R&D you do, the hardware and sales costs have already been xed such that each phone sale will net $1,000 prot. If you do no R&D whatsoever, 1.5 million diehard fans will still buy your unoriginal phone. However, perhaps there is some point to improving design. For every dollar D you put into development, you'll gain D 2 (10.) new customers. Write the optimization problem for optimizing net one year revenue
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