Question: Find -Decision variables -Objective Function -Constraints -Parameters Bank one is in the process of devising a loan policy that involves a maximum of $12 million.

Find -Decision variables -Objective Function

Find

-Decision variables -Objective Function -Constraints -Parameters

Bank one is in the process of devising a loan policy that involves a maximum of $12 million. The following tables provides pertinent data about available loans. Interest rate Bad-debt ratio Type of loan Personal 140 .10 Car .130 -07 Home .120 .03 Farm 125 05 Commercial .100 .02 Bad debt are unrecoverable and produce no interest revenue. Competition with other financial institutions dictates the allocation of at least 40% of the funds to farm and commercial loans. To assist the housing industry in the region, home loans must equal at least 50% of personal, car, and home loans. The bank limits the overall bad debts on all loans to at most %4

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