To determine Amount invested in CDs and mutual fund to maximize the return and the maximum return. Explanation Given: Total investment in CD and mutual fund is $60,000. The CD yield an average of 5% while mutual fund yields 9% and the money invested in the mutual fund should be minimum of $10,000. The investor need minimum amount of two times the money he invested in CDs for mutual fund. Calculation: Consider x and y as the amount invested in CD and mutual fund, respectively. The average yield of CD and mutual fund are 5% and 9%, respectively. Then the maximum function is, P = 0.05 x + 0.09 y . The maximum amount invested in both CD and mutual fund is $60,000. That is, x + y ≤ 60 , 000 . The money invested in mutual fund is minimum of $10,000. That is, y ≥ 10000 . The investor need at least twice the money which is invested in CD as for the mutual fund. That is, x ≥ 2 y . Now draw the inequalities x + y ≤ 60 , 000 , y ≥ 10000 , x ≥ 2 y and plot its corner points as shown in below Figure 1. From Figure 1, the shaded region is the solution set for the inequalities x + y ≤ 60 , 000 , and y ≥ 10000 x ≥ 2 y for x , y ≥ 0 . n Thus, the corner points on the feasible regions are ( 50000 , 10000 ) , ( 20000 , 10000 ) and ( 40000 , 20000 ) . Now list out the maximum expected revenue function of P = 0.05 x + 0

Pearson eText for College Mathematics for Business, Economics, Life Sciences, and Social Sciences -- Instant Access (Pearson+)

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ISBN: 9780137553341

Author: Raymond Barnett, Michael Ziegler

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Chapter 5.3, Problem 55E

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Chapter 5.3, Problem 54E

Chapter 5.3, Problem 56E

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Pearson eText for College Mathematics for Business, Economics, Life Sciences, and Social Sciences -- Instant Access (Pearson+)

Ch. 5.1 - Graph 6x − 3y > 18. Ch. 5.1 - Prob. 2MP Ch. 5.1 - Prob. 3MP Ch. 5.1 - Prob. 4MP Ch. 5.1 - Prob. 1ED Ch. 5.1 - Prob. 1E Ch. 5.1 - Prob. 2E Ch. 5.1 - Prob. 3E Ch. 5.1 - Prob. 4E Ch. 5.1 - Prob. 5E

Ch. 5.1 - Prob. 6E Ch. 5.1 - Prob. 7E Ch. 5.1 - Prob. 8E Ch. 5.1 - Prob. 9E Ch. 5.1 - Prob. 10E Ch. 5.1 - Prob. 11E Ch. 5.1 - Prob. 12E Ch. 5.1 - Prob. 13E Ch. 5.1 - Graph each inequality in Problems 9–18. 14. y < 5 Ch. 5.1 - Prob. 15E Ch. 5.1 - Prob. 16E Ch. 5.1 - Prob. 17E Ch. 5.1 - Prob. 18E Ch. 5.1 - In Problems 19–22, graph the set of points that...Ch. 5.1 - Prob. 20E Ch. 5.1 - In Problems 19-22, graph the set of points that...Ch. 5.1 - Prob. 22E Ch. 5.1 - Prob. 23E Ch. 5.1 - In Problems 23–32, define the variable and...Ch. 5.1 - In Problems 23–32, define the variable and...Ch. 5.1 - Prob. 26E Ch. 5.1 - Prob. 27E Ch. 5.1 - Prob. 28E Ch. 5.1 - Prob. 29E Ch. 5.1 - Prob. 30E Ch. 5.1 - Prob. 31E Ch. 5.1 - Prob. 32E Ch. 5.1 - In Exercises 33–38, state the linear inequality...Ch. 5.1 - In Exercises 33–38, state the linear inequality...Ch. 5.1 - In Exercises 33–38, state the linear inequality...Ch. 5.1 - Prob. 36E Ch. 5.1 - Prob. 37E Ch. 5.1 - Prob. 38E Ch. 5.1 - In Problems 39–44, define two variables and...Ch. 5.1 - In Problems 39–44, define two variables and...Ch. 5.1 - Prob. 41E Ch. 5.1 - Prob. 42E Ch. 5.1 - Prob. 43E Ch. 5.1 - In Problems 39–44, define two variables and...Ch. 5.1 - In Problems 45–54, graph each inequality subject...Ch. 5.1 - Prob. 46E Ch. 5.1 - In Problems 45–54, graph each inequality subject...Ch. 5.1 - Prob. 48E Ch. 5.1 - In Problems 45–54, graph each inequality subject...Ch. 5.1 - Prob. 50E Ch. 5.1 - Prob. 51E Ch. 5.1 - Prob. 52E Ch. 5.1 - Prob. 53E Ch. 5.1 - Prob. 54E Ch. 5.1 - Applications In Problems 55–66, express your...Ch. 5.1 - Prob. 56E Ch. 5.1 - Prob. 57E Ch. 5.1 - Prob. 58E Ch. 5.1 - Prob. 59E Ch. 5.1 - Prob. 60E Ch. 5.1 - Prob. 61E Ch. 5.1 - Prob. 62E Ch. 5.1 - Prob. 63E Ch. 5.1 - Prob. 64E Ch. 5.1 - Prob. 65E Ch. 5.1 - Prob. 66E Ch. 5.2 - Matched Problem 1 Solve the following system of...Ch. 5.2 - Prob. 2MP Ch. 5.2 - Prob. 3MP Ch. 5.2 - Prob. 1ED Ch. 5.2 - Prob. 1E Ch. 5.2 - Prob. 2E Ch. 5.2 - Prob. 3E Ch. 5.2 - Prob. 4E Ch. 5.2 - Prob. 5E Ch. 5.2 - Prob. 6E Ch. 5.2 - Prob. 7E Ch. 5.2 - Prob. 8E Ch. 5.2 - In Problems 9–12, match the solution region of...Ch. 5.2 - Prob. 10E Ch. 5.2 - Prob. 11E Ch. 5.2 - Prob. 12E Ch. 5.2 - Prob. 13E Ch. 5.2 - Prob. 14E Ch. 5.2 - Prob. 15E Ch. 5.2 - Prob. 16E Ch. 5.2 - In Problems 17–20, match the solution region of...Ch. 5.2 - Prob. 18E Ch. 5.2 - In Problems 17–20, match the solution region of...Ch. 5.2 - Prob. 20E Ch. 5.2 - Prob. 21E Ch. 5.2 - Prob. 22E Ch. 5.2 - Prob. 23E Ch. 5.2 - Prob. 24E Ch. 5.2 - Prob. 25E Ch. 5.2 - Prob. 26E Ch. 5.2 - Prob. 27E Ch. 5.2 - Prob. 28E Ch. 5.2 - Prob. 29E Ch. 5.2 - Prob. 30E Ch. 5.2 - Prob. 31E Ch. 5.2 - Prob. 32E Ch. 5.2 - Prob. 33E Ch. 5.2 - Prob. 34E Ch. 5.2 - Prob. 35E Ch. 5.2 - Prob. 36E Ch. 5.2 - Prob. 37E Ch. 5.2 - Prob. 38E Ch. 5.2 - Prob. 39E Ch. 5.2 - Prob. 40E Ch. 5.2 - Prob. 41E Ch. 5.2 - Prob. 42E Ch. 5.2 - Prob. 43E Ch. 5.2 - Prob. 44E Ch. 5.2 - Prob. 45E Ch. 5.2 - Prob. 46E Ch. 5.2 - Prob. 47E Ch. 5.2 - Prob. 48E Ch. 5.2 - Prob. 49E Ch. 5.2 - Prob. 50E Ch. 5.2 - Prob. 51E Ch. 5.2 - Prob. 52E Ch. 5.2 - Water skis. Refer to Problem 51. The company...Ch. 5.2 - Prob. 54E Ch. 5.2 - Prob. 55E Ch. 5.2 - Prob. 56E Ch. 5.2 - Psychology. A psychologist uses two types of boxes...Ch. 5.3 - A manufacturing plant makes two types of...Ch. 5.3 - Prob. 2MP Ch. 5.3 - Prob. 3MP Ch. 5.3 - Prob. 1ED Ch. 5.3 - Prob. 2ED Ch. 5.3 - Prob. 1E Ch. 5.3 - Prob. 2E Ch. 5.3 - Prob. 3E Ch. 5.3 - Prob. 4E Ch. 5.3 - Prob. 5E Ch. 5.3 - Prob. 6E Ch. 5.3 - Prob. 7E Ch. 5.3 - Prob. 8E Ch. 5.3 - Prob. 9E Ch. 5.3 - Prob. 10E Ch. 5.3 - Prob. 11E Ch. 5.3 - Prob. 12E Ch. 5.3 - Prob. 13E Ch. 5.3 - Prob. 14E Ch. 5.3 - Prob. 15E Ch. 5.3 - Prob. 16E Ch. 5.3 - Solve the linear programming problems stated in...Ch. 5.3 - Prob. 18E Ch. 5.3 - Prob. 19E Ch. 5.3 - Prob. 20E Ch. 5.3 - Prob. 21E Ch. 5.3 - Prob. 22E Ch. 5.3 - Prob. 23E Ch. 5.3 - Solve the linear programming problems stated in...Ch. 5.3 - Prob. 25E Ch. 5.3 - Solve the linear programming problems stated in...Ch. 5.3 - Prob. 27E Ch. 5.3 - Prob. 28E Ch. 5.3 - Prob. 29E Ch. 5.3 - Prob. 30E Ch. 5.3 - Prob. 31E Ch. 5.3 - Prob. 32E Ch. 5.3 - Prob. 33E Ch. 5.3 - Prob. 34E Ch. 5.3 - Prob. 35E Ch. 5.3 - Solve the linear programming problems stated in...Ch. 5.3 - Prob. 37E Ch. 5.3 - Prob. 38E Ch. 5.3 - In Problems 39 and 40, explain why Theorem 2...Ch. 5.3 - In Problems 39 and 40, explain why Theorem 2...Ch. 5.3 - Prob. 41E Ch. 5.3 - Prob. 42E Ch. 5.3 - Prob. 43E Ch. 5.3 - Prob. 44E Ch. 5.3 - Prob. 45E Ch. 5.3 - Prob. 46E Ch. 5.3 - Prob. 47E Ch. 5.3 - Problems 41–48 refer to the bounded feasible...Ch. 5.3 - In Problems 49-64, construct a mathematical model...Ch. 5.3 - Prob. 50E Ch. 5.3 - In Problems 49–64, construct a mathematical model...Ch. 5.3 - Prob. 52E Ch. 5.3 - In Problems 49–64, construct a mathematical model...Ch. 5.3 - Prob. 54E Ch. 5.3 - In Problems 49–64, construct a mathematical model...Ch. 5.3 - Prob. 56E Ch. 5.3 - Prob. 57E Ch. 5.3 - Prob. 58E Ch. 5.3 - Prob. 59E Ch. 5.3 - Prob. 60E Ch. 5.3 - Prob. 61E Ch. 5.3 - Prob. 62E Ch. 5.3 - Psychology. A psychologist uses two types of boxes...Ch. 5.3 - Sociology. A city council voted to conduct a study...Ch. 5 - Prob. 1RE Ch. 5 - Prob. 2RE Ch. 5 - Prob. 3RE Ch. 5 - Prob. 4RE Ch. 5 - Prob. 5RE Ch. 5 - Prob. 6RE Ch. 5 - Prob. 7RE Ch. 5 - Prob. 8RE Ch. 5 - Prob. 9RE Ch. 5 - Prob. 10RE Ch. 5 - Prob. 11RE Ch. 5 - Prob. 12RE Ch. 5 - Prob. 13RE Ch. 5 - Prob. 14RE Ch. 5 - In Problems 15 and 16, construct a mathematical...Ch. 5 - Prob. 16RE

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