Formulation of Linear Programming (LP): Assume the following, Let “ A j ” be the units of bond “j” bought at ask price. Let “ B j ”be the units of bond “j” sold at bid price. Let “ C y ” be the cash on hand after year “y” payments are received. The Linear Programming (LP) is formulated to maximize net profit from buying and selling bonds as follows, z= 980 B 1 +970B 2 + 960 B 3 + 940 B 4 − 990 A 1 − 985 A 2 − 972 A 3 − 954 A 4 The above function is subject to the following conditions, All variables >= “0”. “ C 1 = 100 ( A 1 − B 1 ) + 80 ( A 2 − B 2 ) + 70 ( A 3 − B 3 ) + 60 ( A 4 − B 4 ) ” that denotes cash on hand after year “1” payments are received

Question

Please answer JAVA OOP problem below: Assume you have three data definition classes, Person, Student and Faculty. The Student and Faculty classes extend Person. Given the code snippet below, in Java, complete the method determinePersonTypeCount to print out how many Student and Faculty objects exist within the Person array. You may assume that each object within the Person[] is either referencing a Student or Faculty object. public static void determinePersonTypeCount(Person[] people){ // Place your code here }

Answer 1

Expert Solution & Answer

Chapter 3.11, Problem 4P

Explanation of Solution

Formulation of Linear Programming (LP):

Assume the following,

Let “Aj” be the units of bond “j” bought at ask price.

Let “Bj”be the units of bond “j” sold at bid price.

Let “Cy” be the cash on hand after year “y” payments are received.

The Linear Programming (LP) is formulated to maximize net profit from buying and selling bonds as follows,

z= 980B1+970B2+960B3+940B4−990A1−985A2−972A3−954A4

The above function is subject to the following conditions,

All variables >= “0”.

“C1= 100(A1−B1)+80(A2−B2)+70(A3−B3)+60(A4−B4)” that denotes cash on hand after year “1” payments are received

Explanation of Solution

Reasons:

As the users wish to sell all the bonds, the users limited the number of quantities of bonds that can be sold...

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