subject
Business, 09.06.2021 18:00 felipe9086

As a result of a recently passed bill, a congressman’s district has been allocated $4 million for programs and projects. It is up to the congressman to decide how to distribute the money. The congressman has decided to allocate the money to four ongoing programs because of their 2importance to his district—a job training program, a parks project, a sanitation project, and a mobile library. However, the congressman wants to distribute the money in a manner that will please the most voters, or, in other words, gain him the most votes in the upcoming election. His staff’s estimates of the number of votes gained per dollar spent for the various programs are as follows: Program Votes/Dollar
Job training 0.02
Parks 0.09
Sanitation 0.06
Mobile library 0.04

In order also to satisfy several local influential citizens who financed his election, he is obligated to observe the following guidelines:

(1) None of the programs can receive more than 30% of the total allocation.

(2) The amount allocated to parks cannot exceed the total allocated to both the sanitation project and the mobile library.

(3) The amount allocated to job training must at least equal the amount spent on the sanitation project.

Any money not spent in the district will be returned to the government; therefore, the congressman wants to spend it all. The congressman wants to know the amount to allocate to each program to maximize his votes.

Formulate a linear programming model for this problem

ansver
Answers: 2

Other questions on the subject: Business

image
Business, 21.06.2019 21:20, nonispn606
20. sinclair company's single product has a selling price of $25 per unit. last year the company reported a profit of $20,000 and variable expenses totaling $180,000. the product has a 40% contribution margin ratio. because of competition, sinclair company will be forced in the current year to reduce its selling price by $2 per unit. how many units must be sold in the current year to earn the same profit as was earned last year? a. 15,000 units b. 12,000 units c. 16,500 units d. 12,960 units
Answers: 1
image
Business, 22.06.2019 06:00, aliami0306oyaj0n
Use this image to answer the following question. when the economy is operating at point b, the us congress is most likely to follow
Answers: 3
image
Business, 22.06.2019 12:50, cece4874
Suppose the real risk-free rate and inflation rate are expected to remain at their current levels throughout the foreseeable future. consider all factors that affect the yield curve. then identify which of the following shapes that the u. s. treasury yield curve can take. check all that apply.
Answers: 2
image
Business, 22.06.2019 18:00, tifftiff22
On september 1, 2016, steve loaned brett $2,000 at 12% interest compounded annually. steve is not in the business of lending money. the note stated that principal and interest would be due on august 31, 2018. in 2018, steve received $2,508.80 ($2,000 principal and $508.80 interest). steve uses the cash method of accounting. what amount must steve include in income on his income tax return?
Answers: 1
You know the right answer?
As a result of a recently passed bill, a congressman’s district has been allocated $4 million for pr...

Questions in other subjects: