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.

Learn more about LPP at brainly.com/question/25828237

#SPJ4

3 0

2 years ago

Name the property or definition illustrated below

dimulka [17.4K]

Answer: Substitution

Step-by-step explanation:

GIVEN:

y=3x

2x+4y=12

Then, 2x+4(3x)=12

-----------------------------------------

Substitution: replacing one variable in terms of another variable.

As we can see from the given aspects, y=3x, and the conclusion expression has no y instead of 3x. This means it represented y in terms of x, which fits the definition of substitution that replaces one variable.

Hope this helps!! :)

6 0

3 years ago