Linear programming which shows the best investment strategy for the client is Max Z=0.12I +0.09B and subject to constraints are :I+ B<=25000,
0.005 I +0.004B<=250.
Given maximum investment client can make is $55000, annual return= 9%, The investment advisor requires that at most $25,000 of the client's funds should be invested in the internet fund. The internet fund, which is the more risky of the two investment alternatives, has a risk rating of 5 per thousand dollars invested. the blue chip fund has a risk rating of 4 per thousand dollars invested.
We have to make a linear programming problem.
Let
I= Internet fund investment in thousands.
B=Blue chip fund investment in thousands.
Objective function:
Max Z=0.12I+0.09B
subject to following constraints:
Investment amount: I+ B<=25000
Risk Rating: 5/100* I+4/100*B<=250 or 0.005 I +0.004B<=250
I,B>=0.
Hence the objective function is Max Z=0.12 I+ 0.09 B.
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Answer:
0.318
Step-by-step explanation:
12 oz = 1.15
24 oz = 2.79
Let's see if 2x12oz is equal, less, or more than the 24oz.
1.15 x 2 = 2.30
2.30<2.79
The 12 oz is a better buy.
This is an arithmetic series, so we know, that:
Sum = (First term + Last term) * Number of terms /2
Here we have:
First term = 33
Last term = 104
Number of terms = 104 - 33 + 1 = 72
and
Y=3x-4
Hope you get it turned in in time!!!