18 1234 4 3 Month 1 Month 2 5 Month 3 6 Month 4 7 Month...

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18 1234 4 3 Month 1 Month 2 5 Month 3 6 Month 4 7 Month 5 8 Month 6 9 Month 7 10 Month 8 11 Month 9. 12 Month 10 19 20 21 22 23 24 25 26 27 28 29 . th . A . x ✓ fx B Selling Price $3 $6 $7 4 $1 545453 $4 $5 $5 $1 с Purchase Price $3 $2 $8 2533813386 $8 $2 $3 $4 $3 $3 $2 $5 D E F LL $5 13 14 You own a wheat warehouse with a capacity of 20,000 bushels. At the beginning of month 1, you have 15 6000 bushels of wheat. Each month, wheat can be bought and sold at the prices per 1000 bushels shown 16 in the above table. 17 The sequence of events during each month is as follows: 18 You observe your initial stock of wheat. You can sell any amount of wheat up to your initial stock at the current month's selling price. You can buy as much wheat as you want, subject to the warehouse size limitation. Determine how to maximize the profit earned over the next 10 months. G H 1 K 18 1234 4 3 Month 1 Month 2 5 Month 3 6 Month 4 7 Month 5 8 Month 6 9 Month 7 10 Month 8 11 Month 9. 12 Month 10 19 20 21 22 23 24 25 26 27 28 29 . th . A . x ✓ fx B Selling Price $3 $6 $7 4 $1 545453 $4 $5 $5 $1 с Purchase Price $3 $2 $8 2533813386 $8 $2 $3 $4 $3 $3 $2 $5 D E F LL $5 13 14 You own a wheat warehouse with a capacity of 20,000 bushels. At the beginning of month 1, you have 15 6000 bushels of wheat. Each month, wheat can be bought and sold at the prices per 1000 bushels shown 16 in the above table. 17 The sequence of events during each month is as follows: 18 You observe your initial stock of wheat. You can sell any amount of wheat up to your initial stock at the current month's selling price. You can buy as much wheat as you want, subject to the warehouse size limitation. Determine how to maximize the profit earned over the next 10 months. G H 1 K

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