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BUS 204 Classwork 3

There is a claim that the Barney-Jones investment model is generalizable. Try generalizing it to the case where there are two more potential investments, F and G. Investment F requires a cash outlay in year 2 and returns $0.50 in each of the next four years for every dollar invested. Investment G requires a cash outlay in year 4 and returns $0.75 in each of years 5, 6, and 7 for every dollar invested. Modify the model as necessary, making the objective the final cash after 7 years.

Be sure to save the optimal solution to the original model.

Rename the file.

Add the new information to the model.

Modify the formulas as necessary to include the new information and the new variables.

Modify the range names.

Add all parameters in Solver as necessary.