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An invester is considering three types of invertments: a high - risk venture into oil leases with a potential retum of 1 5 % ,

An invester is considering three types of invertments: a high-risk venture into oil leases with a potential retum of 15%, a medium-risk investment in bonds with a 9% return, and a relatively safe slock investment with a5% return. He has $50,000 to invest. Bocause of the risk, he will limit his investment in oil leases and bonds to 30% and his investment in oil leases and stock to 56%. How much should he invest in each to maximize his retum, assuming investrnent returns ase as expected?
a) Define the variables. Be specific with descriptive words.
x=
y=
z=
b.) Clearly state the constraints (all inequalities) related to the fasible region.
c.) State the objective furetio
d.) Set up the initial simplex matrix necded to solve the lines progranuning problera using the Simplex Method.
c.) Perform all pivots nocessary using row operations to transform the marrix unail the solution is fasilhle.
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