Maurice Tutor

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About Maurice Tutor

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Algebra,Applied Sciences See all
Algebra,Applied Sciences,Biology,Calculus,Chemistry,Economics,English,Essay writing,Geography,Geology,Health & Medical,Physics,Science Hide all
Teaching Since: May 2017
Last Sign in: 398 Weeks Ago, 5 Days Ago
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Education

  • MCS,PHD
    Argosy University/ Phoniex University/
    Nov-2005 - Oct-2011

Experience

  • Professor
    Phoniex University
    Oct-2001 - Nov-2016

Category > Management Posted 04 May 2018 My Price 6.00

Rosenberg Land Development

Rosenberg Land Development (RLD) is a developer of condominium properties in the Southwest United States. RLD has recently acquired a 40.625 acre site outside of Phoenix, Arizona. Zoning restrictions allow at most 8 units per acre. Three types of condominiums are planned: one, two, and three bedroom units. The average construction costs for each type of unit are $450,000, $600,000, and $750,000. These units will generate a net profit of 10%. The company has equity and loans totaling $180 million dollars for this project. From prior development projects, senior managers have determined that there must be a minimum of 15% one-bedroom units, 25% two-bedroom units, and 25% three-bedroom units.

a. Develop a linear optimization model to determine how many of each type of unit the developer should build.

b. Implement your model on a spreadsheet and find an optimal solution.

c. Explain the value of increasing the budget for the project.

 

Answers

Maurice Tutor
(5)
Status NEW Posted 04 May 2018 06:05 PM My Price 6.00

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