Question
Investment banker Donny has decided to make some sensible long term investments in mutual funds and low-risk stocks. Let x be the amount he will
Investment banker Donny has decided to make some sensible long term investments in mutual funds and low-risk stocks. Let x be the amount he will invest in mutual funds and y be the amount hell invest in low-risk stocks. The objective is to maximize P, Donnys profit. Donny has started the Simplex Algorithm, but cannot finish it. Finish the algorithm for him. Explain why you choose any rows and columns that you selected when determining pivots. Show all necessary work including the row operations you perform. Be sure to interpret your final table by answering the questions below. x y u v w P RHS 1 1 0.25 3 0 0 3000 4 0 1 16 0 0 32000 2 0 0.25 3 1 0 20000 5 0 0 4 0 1 0
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