Which of the following scenarios best exemplifies a platform business? devin purchases electronic parts from a variety of vendors and assembles them intoinexpensive mp3 players that he sells to consumers. myra operates an industrial test kitchen in which local growers bring their produce to localchefs, who use the kitchen to try new recipes and determine which produce to buy. raul operates a consulting firm in which businesses hire him to assess deficiencies in theirorganizational culture. gena founded a bike-based transportation company that offers environmentally-friendlyrides to customers within a 25-mile radius

Afinancial institution, the thriftem bank, is in the process of formulating its loan policy for the next quarter. a total of $12 million is allocated for that purpose. being a full-service facility, the bank is obligated to grant loans to different clientele. the following table provides the types of loans, the interest rate charged by the bank, and the possibility of bad debt as estimated from past experience.type of loaninterest rateprobability of bad debtpersonal.140.10car.130.07home.120.03farm.125.05commercial.100.02 bad debts are assumed unrecoverable and hence produce no interest revenue either. competition with other financial institutions in the area requires that the bank allocate at least 40% of the total funds to farm and commercial loans. to assist the housing industry in the region, home loans must equal at least 50% of the personal, car, and home loans. the bank also has a stated policy specifying that the overall ratio for bad debts on all loans may not exceed .04. formulate this problem as a linear program. define your variables clearly and write all the constraints explaining the significance of each.