Porter Investments needs to develop an investment portfolio for Mrs. Singh from the following list of possible
Question:
Porter Investments needs to develop an investment portfolio for Mrs. Singh from the following list of possible investments:
INVESTMENT COST EXPECTED RETURN A $10,000 $ 700 B $12,000 $1,000 C $ 3,500 $ 390 D $ 5,000 $ 500 E $ 8,500 $ 750 F $ 8,000 $ 640 G $ 4,000 $ 300 Mrs. Singh has a total of $60,000 to invest. The following conditions must be met: (1) If investment F is chosen, then investment G must also be part of the portfolio, (2) at least four investments should be chosen, and (3) of investments A and B, exactly one must be included. Formulate and solve this problem using LP software to determine which stocks should be included in Mrs.
Singh’s portfolio. lop4
Step by Step Answer:
Operations Management Sustainability And Supply Chain Management
ISBN: 9781292295039
13th Global Edition
Authors: Jay Heizer, Barry Render, Chuck Munson