Mete makes his living buying and selling corn. On January 1, he has 50 tons of corn and 1000 TL. On the first day of each month Mete can buy corn at the following prices per ton. January: 300 TL, February: 350 TL, March: 400 TL, April: 500 TL. On the last day of each month Mete can sell corn at the following prices per ton: January: 250 TL, February: 400 TL, March: 350 TL, April: 550 TL. Mete stores his corn in a warehouse that can hold at most 1100 tons of corn. He must be able to pay cash for all corn at the time of purchase. How Mete can maximize his cash on hand at the end of April. Which of the following is the correct objective function for the given statement? Please use (Xi = Tons of corn purchased at the beginning of month i.; Yi = Tons of corn sold at the end of month i.)
Mete makes his living buying and selling corn. On January 1, he has 50 tons of corn and 1000 TL. On the first day of each month Mete can buy corn at the following prices per ton. January: 300 TL, February: 350 TL, March: 400 TL, April: 500 TL. On the last day of each month Mete can sell corn at the following prices per ton: January: 250 TL, February: 400 TL, March: 350 TL, April: 550 TL. Mete stores his corn in a warehouse that can hold at most 1100 tons of corn. He must be able to pay cash for all corn at the time of purchase. How Mete can maximize his cash on hand at the end of April. Which of the following is the correct objective function for the given statement? Please use (Xi = Tons of corn purchased at the beginning of month i.; Yi = Tons of corn sold at the end of month i.)
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