Question: In Lecture 17, we started but did not complete the following problem: Oakland Development Management (ODM) is deciding its investment plans for the next three

 In Lecture 17, we started but did not complete the following

In Lecture 17, we started but did not complete the following problem: Oakland Development Management (ODM) is deciding its investment plans for the next three years, and is choosing among three projects whose projected cash flows (in \$MM) at half-year intervals are as follows: (Fractional participation in any project is allowed; cash flows are reduced proportionately). ODM currently has \$2MM cash, and expects the following outside income stream: Additional financing is available to ODM as follows: - It can borrow money at 3.5\% interest per half-year. - At most \$2MM can be borrowed at one time. - It can invest surplus cash at 3.0\% per half-year. What is the investment plan that maximizes ODM's net worth at the end of three years? Formulate a linear program to solve for this problem. You do not need to implement your model in Excel. In Lecture 17, we started but did not complete the following problem: Oakland Development Management (ODM) is deciding its investment plans for the next three years, and is choosing among three projects whose projected cash flows (in \$MM) at half-year intervals are as follows: (Fractional participation in any project is allowed; cash flows are reduced proportionately). ODM currently has \$2MM cash, and expects the following outside income stream: Additional financing is available to ODM as follows: - It can borrow money at 3.5\% interest per half-year. - At most \$2MM can be borrowed at one time. - It can invest surplus cash at 3.0\% per half-year. What is the investment plan that maximizes ODM's net worth at the end of three years? Formulate a linear program to solve for this problem. You do not need to implement your model in Excel

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