Formulate a linear programming model that can be used to determine the percentage (as a decimal) that should be allocated to each of the possible investment alternatives. (Assume B is the percentage (as a decimal) of funds invested in the bond fund and S is the percentage (as a decimal) of funds invested in the stock fund.) (ALREADY DONE)   MAX 0.08B+0.15S s.t. bond minimum fund B≥0.30 minimum return 0.08B+0.15S≥0.09 Percentage requirement B+S=1 B, S ≥ 0   Solve the problem using the graphical solution procedure. What is the value of the objective function at the optimal solution? (Question I am asking) _________ at (B, S)= __________

Advanced Engineering Mathematics
10th Edition
ISBN:9780470458365
Author:Erwin Kreyszig
Publisher:Erwin Kreyszig
Chapter2: Second-order Linear Odes
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  • Formulate a linear programming model that can be used to determine the percentage (as a decimal) that should be allocated to each of the possible investment alternatives. (Assume B is the percentage (as a decimal) of funds invested in the bond fund and S is the percentage (as a decimal) of funds invested in the stock fund.) (ALREADY DONE)

 

MAX 0.08B+0.15S

s.t.

bond minimum fund B≥0.30

minimum return 0.08B+0.15S≥0.09

Percentage requirement B+S=1

BS ≥ 0

 

  • Solve the problem using the graphical solution procedure. What is the value of the objective function at the optimal solution? (Question I am asking)

_________ at (B, S)= __________

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