A business student has $2,500 available from a summer job and has identified three potential stocks in

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A business student has $2,500 available from a summer job and has identified three potential stocks in which to invest. The cost per share and expected return over the next 2 years is given in the table.

Stock A B C Price/share $25 $15 $30 Return/share ╇ $8 $7 $11

a. Identify the decision variables, objective function, and constraints in simple verbal statements.

b. Mathematically formulate a linear optimization model.

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Business Analytics

ISBN: 9781292095448

2nd Global Edition

Authors: James R. Evans

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