Homework answers / question archive / Belay Ab’ Motors Truck Rental firm has accumulated extra trucks at three of its truck leasing outlets, as shown in the following table: Leasing Outlet Extra Trucks 1

Belay Ab’ Motors Truck Rental firm has accumulated extra trucks at three of its truck leasing outlets, as shown in the following table: Leasing Outlet Extra Trucks 1

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Belay Ab’ Motors Truck Rental firm has accumulated extra trucks at three of its truck leasing outlets, as shown in the following table: Leasing Outlet Extra Trucks 1. Addis Ababa 70 2. Adama 115 3. Bishoftu 100 Total 285 The firm also has four outlets with shortages of rental trucks, as follows: Leasing Outlet Truck Shortage A. Mekelle 80 B. Semera 50 C. Bahirdar 90 D. Jigjiga 25 Total 245 The firm wants to transfer trucks from those outlets with extras to those with shortages at the minimum total cost. The following costs of transporting these trucks from city to city have been determined: To (cost)   From A B C D 1 $7 $8 $4 $9 2 12 4 3 7 3 11 6 7 8 Formulate the LP model? 1 Point Calculate the initial feasible solution by using NWCM? 1 Point Calculate the initial feasible solution by using LCM? 1 Point Calculate the initial feasible solution by using VAM? 2 Points Mr. Abebe is establishing an investment portfolio that will include stock and bond funds. he has $720,000 to invest, and he does not want the portfolio to include more than 65% stocks. The average annual return for the stock fund he plans to invest in is 18%, whereas the average annual return for the bond fund is 6%. He further estimates that the most he could lose in the next year in the stock fund is 22%, whereas the most he could lose in the bond fund is 5%. To reduce her risk, he wants to limit her potential maximum losses to $100,000. Formulate a linear programming model for this problem. 3 Points Solve this model by using graphic method.