Just make the linear programming model of the next exercise: A person wins 10 million dollars in a lottery and is advised to invest in two types of shares, A and B. Type A has more risk but produces a benefit of 10%. Those of type B are safer, but produce only 7% per year. After several deliberations, he decides to invest a maximum of 6 million in the purchase of A shares and, at least, 2 million in the purchase of B shares. Furthermore, he decides that the amount invested in A is at least equal to the amount invested in B. How should you invest 10 million so that the annual benefit is maximum?
Just make the linear programming model of the next exercise: A person wins 10 million dollars in a lottery and is advised to invest in two types of shares, A and B. Type A has more risk but produces a benefit of 10%. Those of type B are safer, but produce only 7% per year. After several deliberations, he decides to invest a maximum of 6 million in the purchase of A shares and, at least, 2 million in the purchase of B shares. Furthermore, he decides that the amount invested in A is at least equal to the amount invested in B. How should you invest 10 million so that the annual benefit is maximum?
Advanced Engineering Mathematics
10th Edition
ISBN:9780470458365
Author:Erwin Kreyszig
Publisher:Erwin Kreyszig
Chapter2: Second-order Linear Odes
Section: Chapter Questions
Problem 1RQ
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Just make the linear programming model of the next exercise:
A person wins 10 million dollars in a lottery and is advised to invest in two types of shares, A and B. Type A has more risk but produces a benefit of 10%. Those of type B are safer, but produce only 7% per year. After several deliberations, he decides to invest a maximum of 6 million in the purchase of A shares and, at least, 2 million in the purchase of B shares. Furthermore, he decides that the amount invested in A is at least equal to the amount invested in B. How should you invest 10 million so that the annual benefit is maximum?
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