Question
You have 50,000 dollars to invest and presented with three opportunities: Investment1, Investment2, and Investment3. The amount invested in each opportunity must be a multiple
You have 50,000 dollars to invest and presented with three opportunities: Investment1, Investment2, and Investment3. The amount invested in each opportunity must be a multiple of 10,000. An investment advisor published the following chart of expected returns from each investment opportunity and amount invested in each. Opportunity Amount Invested 0 10000 20000 30000 40000 50000 Investment1 0 20000 50000 65000 80000 90000 Investment2 0 15000 30000 60000 65000 90000 Investment3 0 10000 20000 40000 50000 60000 You want to determine how much amount should be invested in each opportunity to maximize the total return. Set up a linear program to determine an optimal investment plan. Use integer variables, if necessary.
2. You have 50,000 dollars to invest and presented with three opportunities: Investment1, Investment2, and Investment3. The amount invested in each opportunity must be a multiple of 10,000 . An investment advisor published the following chart of expected returns from each investment opportunity and amount invested in each. You want to determine how much amount should be invested in each opportunity to maximize the total return. Set up a linear program to determine an optimal investment plan. Use integer variables, if necessaryStep by Step Solution
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