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Business, 12.03.2021 15:10 anight839

An investor has $500,000 to invest and wants to maximize the money they will receive at the end of one year. They can invest in condos, apartments and houses. The profit after one year, the cost and the number of units available are shown below. Formulate the ILP for this problem (show me your work in Solver) and compute the optimal solution, given the constraints.
Variable Investment Profit ($1,000) Cost ($1,000) Number Available
X1 Condos 6 50 10
X2 Apartments 12 90 5
X3 Houses 9 100 7

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