Smalltime Investments Inc

question 7

Essay

Smalltime Investments Inc.is going to purchase new computers.There are ten employees, and the company would like one for each employee.The cost of the basic personal computer with monitor and disk drive is $2,000, while the deluxe version with VGA and advanced processor is $3,500.Due to internal politics, the number of deluxe computers should be less than half the number of regular computers, but at least three deluxe computers must be purchased.The budget is $27,000, although additional money could be used if it were deemed necessary.All of these are goals that the company has identified.Formulate this as a goal programming problem.

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Definitions:

Fair Value Adjustment

Fair Value Adjustment refers to an accounting action that adjusts the reported value of an asset or liability to reflect its current market value.

Trading Securities Portfolio

A collection of securities bought and held primarily for sale in the short term to generate income on short-term price differences.

Fair Value

The estimated price at which an asset can be bought or sold in an orderly transaction between market participants at the valuation date.

Unrealized Gain

An increase in the value of an asset that has not been sold, thus not yet generating actual profit.