Based on Bean et al. (1987). Boris Milkem’s firm owns six assets. The expected selling price (in millions of dollars) for each asset is given in the file S14_89.xlsx. For example, if asset 1 is sold in year 2, the firm receives $20 million. To maintain a regular cash flow, Milkem must sell at least $20 million of assets during year 1, at least $30 million worth during year 2, and at least $35 million worth during year 3. Determine how Milkem can maximize his total revenue from assets sold during the next three years.

  • CreatedApril 01, 2015
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