Finite Mathematics for the Managerial, Life, and Social Sciences, 11th Edition
Finite Mathematics for the Managerial, Life, and Social Sciences, 11th Edition
11th Edition
ISBN: 9781285464657
Author: Soo T. Tan
Publisher: Brooks Cole
bartleby

Videos

Textbook Question
Book Icon
Chapter 3.2, Problem 25E

ASSET ALLOCATION Ashley has earmarked at most $ 250 , 000 for investment in three mutual funds: a money market fund, an international equity fund, and a growth-and-income fund. The money market fund has a rate of return of 6 % / year , the international equity fund has a rate of return of 10 % / year and the growth-and-income fund has a rate of return of 15 % / year . Ashley has stipulated that no more than 25 % of her total portfolio should be in the growth-and-income fund and that no more than 50 % of her total portfolio should be in the international equity fund. To maximize the return on her investment, how much should Ashley invest in each type of fund?

Blurred answer
Students have asked these similar questions
Broker's fee: 12% of I year's rent 6. Milena has a gross biweekly income of $2,200. She pays 18% in federal and state laxes, puts aside 10% of her income to pay off her school loan, and puts 5% of her income aside for savings. She is considering an apartment that rents for $1,200 per month. a. Is this monthly rental fee within the recommended 25%-30% housing expense range? b. Based on her expenses, can she make the monthly payments?
Health Costs. Assume that you have a (relatively simple) health insurance plan with the following provisions: Annual deductible is $500. Insurance company pays 100% of all costs after deductible and co-payments. Office visits require a co-payment of $25. Emergency room visits have a $200 co-payment. Surgical operations have a $1000 co-payment. You pay a monthly premium of $350. During a one-year period, your family has the following expenses. Service Total cost (before insurance) Feb. 18: Office visit $100 Mar. 26: Emergency room $580 Apr. 23: Office visit $100 May 14: Surgery $6500 July 1: Office visit $100 Sept. 23: Emergency room $840 Determine your health care expenses for the year with the insurance policy. Determine your health care expenses for the year if you did not have the insurance policy.
Tower Distributors provides logistical services to local manufacturers. Tower picks up products from the manufacturers, takes them to its distribution center, and then assembles shipments to retailers in the region. Tower needs to build a new distribution center; consequently, it needs to make a decision on how many trucks to use. The monthly amortized capital cost of ownership is $2,100 per truck. Operating variable costs are $1 per mile for each truck owned by Tower. If capacity is exceeded in any month, Tower can rent trucks at $2 per mile. Each truck Tower owns can be used 10,000 miles per month. The requirements for the trucks, however, are uncertain. Managers have estimated the following probabilities for several possible demand levels and corresponding fleet sizes.Requirements (miles/month) 100,000    150,000     200,000       250,000Fleet Size (trucks)                       10             15               20              25Probability                                  0.2…

Chapter 3 Solutions

Finite Mathematics for the Managerial, Life, and Social Sciences, 11th Edition

Ch. 3.1 - Prob. 9ECh. 3.1 - In Exercises 110, find the graphical solution of...Ch. 3.1 - In Exercises 11-18, write a system of linear...Ch. 3.1 - In Exercises 11-18, write a system of linear...Ch. 3.1 - In Exercises 11-18, write a system of linear...Ch. 3.1 - In Exercises 11-18, write a system of linear...Ch. 3.1 - Prob. 15ECh. 3.1 - Prob. 16ECh. 3.1 - In Exercises 11-18, write a system of linear...Ch. 3.1 - In Exercises 11-18, write a system of linear...Ch. 3.1 - Prob. 19ECh. 3.1 - Prob. 20ECh. 3.1 - Prob. 21ECh. 3.1 - Prob. 22ECh. 3.1 - In Exercises 2340, determine graphically the...Ch. 3.1 - Prob. 24ECh. 3.1 - In Exercises 2340, determine graphically the...Ch. 3.1 - Prob. 26ECh. 3.1 - In Exercises 2340, determine graphically the...Ch. 3.1 - Prob. 28ECh. 3.1 - Prob. 29ECh. 3.1 - In Exercises 2340, determine graphically the...Ch. 3.1 - Prob. 31ECh. 3.1 - Prob. 32ECh. 3.1 - In Exercises , determine graphically the solution...Ch. 3.1 - In Exercises 2340, determine graphically the...Ch. 3.1 - In Exercises 23 - 40, determine graphically the...Ch. 3.1 - Prob. 36ECh. 3.1 - Prob. 37ECh. 3.1 - Prob. 38ECh. 3.1 - Prob. 39ECh. 3.1 - In Exercises 2340, determine graphically the...Ch. 3.1 - CONCERT ATTENDANCE The Peninsula Brass Band will...Ch. 3.1 - MANUFACTURING FERTILIZERSAgro Products makes two...Ch. 3.1 - Investments Louisa has earmarked at most 250,000...Ch. 3.1 - DIET PLANNING A dietitian whishes to plan a meal...Ch. 3.1 - Prob. 45ECh. 3.1 - In Exercises 45-48, determine whether the...Ch. 3.1 - Prob. 47ECh. 3.1 - Prob. 48ECh. 3.2 - What is a Linear programming problem?Ch. 3.2 - Suppose you are asked to formulate a linear...Ch. 3.2 - Prob. 3CQCh. 3.2 - Formulate but do not solve each of the following...Ch. 3.2 - Formulate but do not solve each of the following...Ch. 3.2 - Formulate but do not solve each of the following...Ch. 3.2 - Formulate but do not solve each of the following...Ch. 3.2 - PRODUCTION SCHEDULING A division of the Winston...Ch. 3.2 - PRODUCTION SCHEDULING Refer to Exercise 5. If the...Ch. 3.2 - ALLOCATION OF FUNDS Madison Finance has a total of...Ch. 3.2 - ASSET ALLOCATION A financier plans to invest up to...Ch. 3.2 - ASSET ALLOCATION Justin has decided to invest at...Ch. 3.2 - CROP PLANNING A farmer plans to plant two crops, A...Ch. 3.2 - MINIMIZING MINING COSTS Perth Mining Company...Ch. 3.2 - MINIMIZING CRUISE LINE COSTS Deluxe River Cruises...Ch. 3.2 - PRODUCTION SCHEDULING Acoustical Company...Ch. 3.2 - FERTILIZERS A farmer uses two types of...Ch. 3.2 - MINIMIZING CITY WATER COSTS The water-supply...Ch. 3.2 - PRODUCTION SCHEDULING Ace Novelty manufactures...Ch. 3.2 - DIET PLANNING A nutritionist at the Medical Center...Ch. 3.2 - OPTIMIZING ADVERTISING EXPOSURE Everest Deluxe...Ch. 3.2 - MINIMIZING SNIPPING COSTS TMA manufactures 37-in....Ch. 3.2 - SOCIAL PROGRAMS PLANNING AntiFam a hunger-relief...Ch. 3.2 - Prob. 21ECh. 3.2 - OPTIMIZING ADVERTISING EXPOSURE As part of a...Ch. 3.2 - PRODUCTION SCHEDULING Custom Office Furniture...Ch. 3.2 - Prob. 24ECh. 3.2 - ASSET ALLOCATION Ashley has earmarked at most...Ch. 3.2 - Prob. 26ECh. 3.2 - MINIMIZING SHIPPING COSTS Acrosonic of Example 4...Ch. 3.2 - OPTIMIZING PRODUCTION OF COLD FORMULAS Beyer...Ch. 3.2 - OPTIMIZING PRODUCTION OF BLENDED JUICES Caljuice...Ch. 3.2 - MINIMIZING SHIPPING COSTS Steinwelt Piano...Ch. 3.2 - Prob. 31ECh. 3.2 - Prob. 32ECh. 3.3 - a. What is the feasible set associated with the...Ch. 3.3 - Prob. 2CQCh. 3.3 - In Exercises 16, find maximum and/or minimum...Ch. 3.3 - In Exercises 16, find maximum and/or minimum...Ch. 3.3 - In Exercises 16, find maximum and/or minimum...Ch. 3.3 - Prob. 4ECh. 3.3 - Prob. 5ECh. 3.3 - Prob. 6ECh. 3.3 - Prob. 7ECh. 3.3 - Prob. 8ECh. 3.3 - Prob. 9ECh. 3.3 - Prob. 10ECh. 3.3 - Prob. 11ECh. 3.3 - Prob. 12ECh. 3.3 - Prob. 13ECh. 3.3 - Prob. 14ECh. 3.3 - Prob. 15ECh. 3.3 - Prob. 16ECh. 3.3 - Prob. 17ECh. 3.3 - Prob. 18ECh. 3.3 - Prob. 19ECh. 3.3 - Prob. 20ECh. 3.3 - Prob. 21ECh. 3.3 - Prob. 22ECh. 3.3 - Prob. 23ECh. 3.3 - Prob. 24ECh. 3.3 - Prob. 25ECh. 3.3 - Prob. 26ECh. 3.3 - Prob. 27ECh. 3.3 - Prob. 28ECh. 3.3 - Prob. 29ECh. 3.3 - Prob. 30ECh. 3.3 - Prob. 31ECh. 3.3 - Prob. 32ECh. 3.3 - Prob. 33ECh. 3.3 - Prob. 34ECh. 3.3 - Prob. 35ECh. 3.3 - Prob. 36ECh. 3.3 - Prob. 37ECh. 3.3 - Prob. 38ECh. 3.3 - Prob. 39ECh. 3.3 - Prob. 40ECh. 3.3 - Prob. 41ECh. 3.3 - Prob. 42ECh. 3.3 - Prob. 43ECh. 3.3 - The problems in Exercises 29 - 48 correspond to...Ch. 3.3 - Prob. 45ECh. 3.3 - Prob. 46ECh. 3.3 - Prob. 47ECh. 3.3 - Prob. 48ECh. 3.3 - Prob. 49ECh. 3.3 - VETERINARY SCIENCE A veterinarian has been asked...Ch. 3.3 - MAXIMIZING INVESTMENT RETURNS Patricia has at most...Ch. 3.3 - PRODUCTION SCHEDULING Bata Aerobics manufactures...Ch. 3.3 - Prob. 53ECh. 3.3 - Prob. 54ECh. 3.3 - Prob. 55ECh. 3.3 - Prob. 56ECh. 3.3 - Prob. 57ECh. 3.3 - Prob. 58ECh. 3.3 - Prob. 59ECh. 3.3 - Prob. 60ECh. 3.3 - Prob. 61ECh. 3.3 - Prob. 62ECh. 3.4 - Suppose P=3x+4y is the objective function in a...Ch. 3.4 - Prob. 2CQCh. 3.4 - Prob. 3CQCh. 3.4 - Prob. 1ECh. 3.4 - Prob. 2ECh. 3.4 - Prob. 3ECh. 3.4 - SHADOW PRICES Refer to Example 2. a. Find the...Ch. 3.4 - Prob. 5ECh. 3.4 - Prob. 6ECh. 3.4 - Prob. 7ECh. 3.4 - Prob. 8ECh. 3.4 - Prob. 9ECh. 3.4 - Prob. 10ECh. 3.4 - Prob. 11ECh. 3.4 - Prob. 12ECh. 3.4 - MINIMIZING COSTS Perth Mining Company operates two...Ch. 3.4 - MINIMIZING CRUISE LINE COSTS Deluxe River Cruises...Ch. 3.4 - PRODUCTION SCHEDULING Soundex produces two models...Ch. 3.4 - Prob. 16ECh. 3.4 - PRODUCTION SCHEDULING Kane Manufacturing has a...Ch. 3.4 - Prob. 18ECh. 3.CRQ - Fill in the blanks. a. The solution set of the...Ch. 3.CRQ - Prob. 2CRQCh. 3.CRQ - Fill in the blanks. A linear programming problem...Ch. 3.CRQ - Prob. 4CRQCh. 3.CRQ - Fill in the blanks. In sensitivity analysis, we...Ch. 3.CRQ - Prob. 6CRQCh. 3.CRE - In Exercise 1 and 2, find the optimal value s of...Ch. 3.CRE - In Exercise 1 and 2, find the optimal value s of...Ch. 3.CRE - In Exercises 314, use the method of corners to...Ch. 3.CRE - In Exercises 314, use the method of corners to...Ch. 3.CRE - In Exercise 3-14, use the method of corner to...Ch. 3.CRE - In Exercise 3-14, use the method of corners to...Ch. 3.CRE - In Exercise 3-14, use the method of corner to...Ch. 3.CRE - In Exercise 3-14, use the method of corner to...Ch. 3.CRE - In Exercise 3-14, use the method of corner to...Ch. 3.CRE - In Exercise 3-14, use the method of corner to...Ch. 3.CRE - In Exercise 3-14, use the method of corner to...Ch. 3.CRE - Prob. 12CRECh. 3.CRE - In Exercise 3-14, use the method of corner to...Ch. 3.CRE - In Exercise 3-14, use the method of corner to...Ch. 3.CRE - FINANCIALANALYSIS An investor has decided to...Ch. 3.CRE - PRODUCTION SCHEDULING Soundex produces two model...Ch. 3.CRE - PRODUCTION SCHEDULING Kane Manufacturing has a...Ch. 3.CRE - MINIMIZING SHIPPING COSTS A manufacturer of...Ch. 3.BMO - Prob. 1BMOCh. 3.BMO - Prob. 2BMOCh. 3.BMO - Prob. 3BMOCh. 3.BMO - Prob. 4BMOCh. 3.BMO - Prob. 5BMO
Knowledge Booster
Background pattern image
Math
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, subject and related others by exploring similar questions and additional content below.
Similar questions
SEE MORE QUESTIONS
Recommended textbooks for you
Text book image
Discrete Mathematics and Its Applications ( 8th I...
Math
ISBN:9781259676512
Author:Kenneth H Rosen
Publisher:McGraw-Hill Education
Text book image
Mathematics for Elementary Teachers with Activiti...
Math
ISBN:9780134392790
Author:Beckmann, Sybilla
Publisher:PEARSON
Text book image
Calculus Volume 1
Math
ISBN:9781938168024
Author:Strang, Gilbert
Publisher:OpenStax College
Text book image
Thinking Mathematically (7th Edition)
Math
ISBN:9780134683713
Author:Robert F. Blitzer
Publisher:PEARSON
Text book image
Discrete Mathematics With Applications
Math
ISBN:9781337694193
Author:EPP, Susanna S.
Publisher:Cengage Learning,
Text book image
Pathways To Math Literacy (looseleaf)
Math
ISBN:9781259985607
Author:David Sobecki Professor, Brian A. Mercer
Publisher:McGraw-Hill Education
Solve ANY Optimization Problem in 5 Steps w/ Examples. What are they and How do you solve them?; Author: Ace Tutors;https://www.youtube.com/watch?v=BfOSKc_sncg;License: Standard YouTube License, CC-BY
Types of solution in LPP|Basic|Multiple solution|Unbounded|Infeasible|GTU|Special case of LP problem; Author: Mechanical Engineering Management;https://www.youtube.com/watch?v=F-D2WICq8Sk;License: Standard YouTube License, CC-BY
Optimization Problems in Calculus; Author: Professor Dave Explains;https://www.youtube.com/watch?v=q1U6AmIa_uQ;License: Standard YouTube License, CC-BY
Introduction to Optimization; Author: Math with Dr. Claire;https://www.youtube.com/watch?v=YLzgYm2tN8E;License: Standard YouTube License, CC-BY