Mas this solution helpful?56. Investment. An investor has $24,000 to invest in bonds ofAAA and B qualities. The AAA bonds yield an average of 6%,and the B bonds yield 10%. The investor requires that at leastthree times as much money should be invested in AAA bondsas in B bonds. How much should be invested in each type ofbond to maximize the return? What is the maximum return?AAA : 6=3: 1:5Max return

We will assume that the investor invests x1 amount of money in B-bonds & x2 amount in AAA-bonds.…

Answered: Investment. An investor has $24,000 to…

Advanced Engineering Mathematics

10th Edition

ISBN:9780470458365

Author:Erwin Kreyszig

Publisher:Erwin Kreyszig

Chapter2: Second-order Linear Odes

Section: Chapter Questions

Problem 1RQ

See similar textbooks

Similar questions

An investor has $60,000 to invest in a CD and a mutual fund. The CD yields 9% and the mutual fund yields 6%. The mutual fund requires a minimum investment of $8,000, and the investor requires that at least twice as much should be invested in CDs as in the mutual fund. How much should be invested in CDs and how much in the mutual fund to maximize the return? What is the maximum return? C... To maximize income, the investor should place $ in CDs and $ in the mutual fund. (Round to the nearest dollar as needed.) The maximum return is $. (Round to the nearest dollar as needed.)
A store has a $9000 monthly advertising budget. Newspaper ads cost $600 each with a limit of 30 per month, radio ads cost $30 each with a limit of 60 per month, and TV ads cost $3000 each with a limit of 20 per month. About 4000 people see each newspaper ad, 3000 hear each radio ad, and 12,000 see each TV ad. How much of each type should be used to maximize the store's exposure? Interpret the results. If the store wants to maximize exposure, it should use newspaper ads, radio ads, and TV ads. A marketing analyst is puzzled by these results. More people see each TV ad than each newspaper or radio ad, so it makes no sense to use ads in this proportion. How would you respond? O A. Disagree, and point out that TV ads actually reach the fewest people per dollar. B. Agree, and state that a mistake must have been made in the analysis. C. Disagree, and point out that the TV ads have the lowest limit per month of all the advertising mediums. D. None of the above.
A company is planning to manufacture mountain bikes. Fixed monthly cost will be $300,000 and it will cost $200 to produce each bicycle. A. Write the cost function, C, of producing x mountain bikes. C(x) = per month B. Write the average cost function, C, of producing x mountain bikes. C(x) = per month %3D C. How many mountain bikes must be produced each month for the company to have an average cost of $300 per bike? must be produced each month. Enter your answer in each of the answer boxes.
A furniture factory receives a daily shipment of 50 boards of oak and 60 boards of maple, which they use to make cabinets and tables. Each cabinet uses two oak boards and two maple boards and yields a profit of $80. Each table uses two oak boards and three maple boards and yields a profit of $100. How many cabinets and tables should the factory make daily to maximize profit? Number of cabinets _______ Number of tables _________ max. profit ___________
Use calculus techniques to find what production level will maximize revenue and what the maximum revenue would be.
An apple grower finds that if she plants 60 trees per acre, each tree will yield 198 bushels of apples. She also estimates that for each additional tree that she plants per acre, the yield of each tree will decrease by 3 bushels. How many trees should she plant per acre to maximize her harvest? _____________ trees per acre
Q: The Morton Supply Company produces clothing, footwear, and accessories for dancing and gymnastics. They produce three models of pointe shoes used by ballerinas to balance on the tips of their toes. The shoes are produced from four materials: cardstock, satin, plain fabric, and leather. The number of square inches of each type of material used in each model of shoe, the amount of material available, and the profit/model are shown below: Material (measured in square inches) Model 1 Model 2 Model 3 Material Available Cardstock 12 10 14 1200 Satin 24 20 15 2000 Plain fabric 40 40 30 7500 Leather 11 11 10 1000 Profit per model $50 $44 $40 a) Generate the Answer Report using SOLVER in EXCEL. Then, clearly answer what is the optimal solution? What is the resulting profit? b) Generate the Sensitivity Report for the model that you built. Interpret, in context, the Shadow Price for the Leather and the Satin constraints. Include units in your interpretations.

Recommended textbooks for you

Advanced Engineering Mathematics

Advanced Math

ISBN:

9780470458365

Author:

Erwin Kreyszig

Publisher:

Wiley, John & Sons, Incorporated

Numerical Methods for Engineers

Advanced Math

ISBN:

9780073397924

Author:

Steven C. Chapra Dr., Raymond P. Canale

Publisher:

McGraw-Hill Education

Introductory Mathematics for Engineering Applicat…

Advanced Math

ISBN:

9781118141809

Author:

Nathan Klingbeil

Publisher:

WILEY

Advanced Engineering Mathematics

Advanced Math

ISBN:

9780470458365

Author:

Erwin Kreyszig

Publisher:

Wiley, John & Sons, Incorporated

Numerical Methods for Engineers

Advanced Math

ISBN:

9780073397924

Author:

Steven C. Chapra Dr., Raymond P. Canale

Publisher:

McGraw-Hill Education

Introductory Mathematics for Engineering Applicat…

Advanced Math

ISBN:

9781118141809

Author:

Nathan Klingbeil

Publisher:

WILEY

Mathematics For Machine Technology

Advanced Math

ISBN:

9781337798310

Author:

Peterson, John.

Publisher:

Cengage Learning,

Basic Technical Mathematics

Advanced Math

ISBN:

9780134437705

Author:

Washington

Publisher:

PEARSON

Topology

Advanced Math

ISBN:

9780134689517

Author:

Munkres, James R.

Publisher:

Pearson,

SEE MORE TEXTBOOKS