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A company is deciding how to invest £8 million between three different projects. For each project, investment can be at
Posted: Sun Jun 05, 2022 9:53 pm
by answerhappygod
- A Company Is Deciding How To Invest 8 Million Between Three Different Projects For Each Project Investment Can Be At 1 (42.13 KiB) Viewed 49 times
A
company is deciding how to invest £8 million between three different projects. For each project, investment can be at different levels as stated in the following table. All values are given in thillions of pounds. Project 1 Project 2 Project 3 Proposal Investment Revenue Investment Revenue Investment Revenue 1 5 1 3 1 2 3 8 2 6 2 7 3 4 10 3 8 4 9 The
company require that at least £1 million must be invested in each project. Use dynamic programming to find the investment in each project that maximises the to- tal revenue. State all optimal
solutions and include all definitions. No marks will be awarded if a method other than dynamic programming is used. [25] 123 2