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Set Up the Linear Programming Problem

Question 230

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Set up the linear programming problem.
-The Jillson's have up to $75,000 to invest. They decide that they want to have at least $40,000 invested in stable bonds
yielding 6% and that no more than $20,000 should be invested in more volatile bonds yielding 12%.
(a) Using x to denote the amount of money invested in the stable bonds and y the amount invested in the more volatile
bonds, write a system of linear inequalities that describe the possible amounts of each investment.(b) Graph the system and label the corner points. Set up the linear programming problem. -The Jillson's have up to $75,000 to invest. They decide that they want to have at least $40,000 invested in stable bonds yielding 6% and that no more than $20,000 should be invested in more volatile bonds yielding 12%. (a) Using x to denote the amount of money invested in the stable bonds and y the amount invested in the more volatile bonds, write a system of linear inequalities that describe the possible amounts of each investment.(b) Graph the system and label the corner points.    Set up the linear programming problem. -The Jillson's have up to $75,000 to invest. They decide that they want to have at least $40,000 invested in stable bonds yielding 6% and that no more than $20,000 should be invested in more volatile bonds yielding 12%. (a) Using x to denote the amount of money invested in the stable bonds and y the amount invested in the more volatile bonds, write a system of linear inequalities that describe the possible amounts of each investment.(b) Graph the system and label the corner points.

Correct Answer:

verifed

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(a)
\[\begin{aligned}
x + y & ...

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