maximize the amount of interest income accrued over the next six months while satisfying all financial commitments.

A financial manager is managing a cash fund. His investment alternatives available are various certificates of deposit, also known as CDs, as listed in the following table:

However, he also must ensure that sufficient funds are available to pay company expenditures over the next six months. The following table lists the net expenditures (in thousands of dollars) that the manager is obligated to cover (cash amounts in parenthesis indicate a net inflow of cash rather than outflow).

The cash on hand to invest at the start of month 1 is \$200,000 and the minimum cash required to be available at the end of month 6 is \$100,000. Develop and solve a linear program that will recommend how to invest to maximize the amount of interest income accrued over the next six months while satisfying all financial commitments.

What is the optimal profit and what are the optimal number of Top Lathes and Big Presses?

King City Inc. manufactures machine tools. The production planner who oversees the production of two of King City’s machines needs to determine how many of each to produce this month…..

Formulate and solve the nurse scheduling problem as an integer program for one day for the data given below.

Hospital administrators must schedule nurses so that the hospital’s patients are provided adequate care. At the same time, careful attention must be paid to keeping costs down. From historical records,….

Solve the model formulated in part a. What is the minimal amount of trim loss?

STAR Co. provides paper to smaller companies with volumes that are not large enough to warrant dealing directly with the paper mill. STAR receives 100-feet-wide paper rolls from the mill….