ADM 2302 Lecture Notes - Lecture 11: Bank Holding Company, Goal Programming, Linear Programming

65 views2 pages

Document Summary

Subject to these requirements, the investor would like to maximize expected annual return e. g, bpt is a bank holding company that is evaluating the potential of expanding into an 8 county region. Provincial law permits establishing branches in any county that is adjacent to a county in which a ppb (principal place of business) is located (for example only county 3 is adjacent to 1; while 3,5,6 are adjacent to 2). Below is a map of the region with the population of each county indicated. Assume that only two ppb can be established in the region. 52,000 short answer, could be theory: what actions am i trying to decide upon, what is it that i"m trying to maximize, what constraints are placed on my actions, how do i write my objective. > instead of having a single objective you have multiple goals. > economic constraints: constraints on available steel, forming hours and assembly hours.

Get access

Grade+20% off
$8 USD/m$10 USD/m
Billed $96 USD annually
Grade+
Homework Help
Study Guides
Textbook Solutions
Class Notes
Textbook Notes
Booster Class
40 Verified Answers
Class+
$8 USD/m
Billed $96 USD annually
Class+
Homework Help
Study Guides
Textbook Solutions
Class Notes
Textbook Notes
Booster Class
30 Verified Answers