Let A, B, and C be the amounts invested in companies A, B, and C. If no more than 40% ofthe total investment can be in company B, how can you express that as a constraint?OB≤ 0.4O 0.4A - B - 0.4℃ ≤ 0O 0.4A + 0.6B - 0.4C ≤ 0O 0.6A +0.4B - 0.6C ≤ 00.4A B +0.4C ≤ 0

Given that no more than 40% of the total investment can be in company B, this statement will be…

Answered: Let A, B, and C be the amounts invested…

Practical Management Science

6th Edition

ISBN:9781337406659

Author:WINSTON, Wayne L.

Publisher:WINSTON, Wayne L.

Chapter11: Simulation Models

Section11.2: Operations Models

Problem 1P: If the number of competitors in Example 11.1 doubles, how does the optimal bid change?

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If the number of competitors in Example 11.1 doubles, how does the optimal bid change?
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Let A, B, and C be the amounts invested in companies A, B, and C. If no more than 40% of the total investment can be in company B, how can you express that as a constraint? B≤ 0.4 0.4A B 0.4C ≤ 0 - 0.4A + 0.6B - 0.4C ≤ 0 - 0.6A + 0.4B - 0.6C ≤ 0 0.4A B +0.4C ≤ 0