A multinational corporation is considering the investment opportunities shown in the table below. TheBoard of Directors has specified the following:One of the two South American investment must be acceptedAt least two of the European investment must be acceptedNo more than one investment in Africa can be acceptedFurthermore, the corporation has only $40 million available to finance the investments. Formulate theproblem as an integer-programming problem.(i)(ii)(iii)Investment12345678LocationSouth AmericaSouth AmericaEuropeEuropeEuropeAfricaAfricaAfricaCost(in millions)$161210884616Expected profit(in millions)2.01.4$1.00.90.90.20.52.1

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Answered: A multinational corporation is…

Practical Management Science

6th Edition

ISBN:9781337406659

Author:WINSTON, Wayne L.

Publisher:WINSTON, Wayne L.

Chapter2: Introduction To Spreadsheet Modeling

Section: Chapter Questions

Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...

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Under a partial equilibrium model with a perfectly competitive market, suppose that the domestic demand and supply of toys in a large Home economy are given by: Home: Demand function: P = 150-Q and Supply function: P=50+Q where Q denotes the market quantity and P indicates the market price in the economy. Now this country opens for free trade and the global import demand function is given as P*=150-(1/2)Q*, where P* and Q* are the price and the quantity in the global market, respectively. Now, suppose that the government gives 20 dollars of production subsidy for toy producers. Please answer to the following questions, 21 and 22. 21. What is the national welfare for the country? a) 2700 b) 2900 c) 3100 d) 3300.
Naboni Enterprises was established in 1991 by Mr. Nicholas Menyani following the liberalization of the Zambian economy by the government. Prior to 1991, there was little or no scope for the private sector to own and run business in the mining, agricultural and commercial sectors of the economy. All this changed in 1991 when the government decided to liberalize the economy. State owned companies were privatized and the window was opened for the private sector to invest in major sectors of the economy. In the case of the mining sector, the government further offered tax incentives to attract investment. Nicholas Menyani had worked as a technician for a mining company in Kitwe for twenty-five years before his retirement in 1985. When he retired, he did odd jobs in and around Kitwe. However, the income from doing the odd jobs was typically insufficient for him to meet his daily needs and Menyani longed for an opening that would bring him a steady income. The opportunity came when,…
It is Spring, 2020. In response to the COVID-19 pandemic, a major worldwidepharmaceutical company is doing some initial development of a vaccine. At thesame time, they are in discussions with some researchers at a university in England.These researchers began work quite some time ago seeking a vaccine for anothervirus, but the same research can be applied to COVID-19.Now the pharmaceutical company must make a decision. They could:(i) Abandon the project.(ii) Develop their own vaccine.(iii) Go into a partnership with the university.Developing their own vaccine would cost (all figures are in USD) 900 million, andwould have a 40% chance of being successful (i.e. taking the vaccine would actuallyprevent infection by the virus). However, it would then need extensive testing tomake sure that there are no (or at worst, few) unintended side effects. Dependingon what is discovered during the development of the vaccine, there’s a 15% chanceof needing extensive testing, and an 85% chance of…
Sam is fourteen and has taken piano lessons since he was five. He feels that he misses out on many fun activities because he has to practice every day after school. He wants to quit piano lessons, but his mother will not allow him to; she says, “If you quit the piano now you’ll be sorry when you get older.” Sam wants to quit anyway. What other options could Sam and his mother find? Is there a compromise that they can make to satisfy both of them? Consider All Factors – List the different issues Sam should consider in making this difficult decision.
Sarah and Alice live and work in different regions of the same country. Each is considering a move to the most economically-prosperous region of this country (referred to below as the “destination region”). Assume that Sarah and Alice are identical in every way except for the following differences: Sarah’s home region is next to the destination region Sarah’s home region is culturally distinct from all other regions in the country Alice’s home region is roughly 2000 km away from the destination region Sarah is 25 years old, while Alice is 35 The unemployment rate in Sarah’s home region is 6.5% The unemployment rate in Alice’s home region is 8% The unemployment rate in the destination region is 5% a) Given this information, describe two reasons why we might expect Sarah to be more likely than Alice to migrate to the destination region. b) Given this information, describe two reasons why we might expect Alice to be more likely than Sarah to migrate to the destination region.
When businesses are operating in conflict zones, they may be faced with:Select one:a. Security costs, material losses, share price gains, and litigation costsb. Material gains, security costs, litigation costs, and increased access to capitalc. Litigation costs, security costs, devaluation of share price, and material lossesd. Share price gains increased access to capital, material gains, and security costs

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