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DJS Investment Services must develop an investment portfolio for a new client. As an initial investment strategy, the new client would like to restrict the
- DJS Investment Services must develop an investment portfolio for a new client. As an initial investment strategy, the new client would like to restrict the portfolio to a mix of two stocks: Stock Price/Share Estimated Annual Return (%) AGA Products 50 6 Key Oil 100 10 The client wants to invest Rs. 50,000 and established the following two investment goals: Priority Level 1 Goal Goal 1: Obtain an annual return of at least 9%. Priority Level 2 Goal Goal 2: Limit the investment in Key Oil, the riskier investment, to no more than 60% of the total investment. a) Formulate a goal programming model for the DJS Investment problem. b) Use the graphical goal programming procedure to obtain a solution
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An Introduction To Management Science Quantitative Approaches To Decision Making
Authors: David Anderson, Dennis Sweeney, Thomas Williams, Jeffrey Cam
13th Edition
9781111532246, 1111532222, 1111532249, 978-1111532222
