Formulate but do not solve the following exercise as a linear programming problem. A financier plans to invest up to $400,000 in two projects. Project A yields a return of 12% on the investment, whereas project B yields a return of 13% on the investment. Because the investment in project B is riskier than the investment in project A, she has decided that the investment in project B should not exceed 45% of the total investment. How much should the financier invest in each project in order to maximize the return on her investment?
A) Maximize: Subject to:
B) Maximize: Subject to:
C) Maximize: Subject to:
D) Maximize: Subject to:

Question

Formulate but do not solve the following exercise as a linear programming problem. A financier plans to invest up to $400,000 in two projects. Project A yields a return of 12% on the investment, whereas project B yields a return of 13% on the investment. Because the investment in project B is riskier than the investment in project A, she has decided that the investment in project B should not exceed 45% of the total investment. How much should the financier invest in each project in order to maximize the return on her investment?
A) Maximize: Subject to: 
B) Maximize: Subject to: 
C) Maximize: Subject to: 
D) Maximize: Subject to:

Quizplus · Accepted Answer

The Answer of Formulate but do not solve the following exercise as a linear programming problem. A financier plans to invest up to $400,000 in two projects. Project A yields a return of 12% on the investment, whereas project B yields a return of 13% on the investment. Because the investment in project B is riskier than the investment in project A, she has decided that the investment in project B should not exceed 45% of the total investment. How much should the financier invest in each project in order to maximize the return on her investment?
A) Maximize: Subject to: 
B) Maximize: Subject to: 
C) Maximize: Subject to: 
D) Maximize: Subject to:

Formulate but Do Not Solve the Following Exercise as a Linear