18. An investor is considering three types of investment: oil leases with a potential return of 15%, bonds with a 9% return, and stocks which earn 5%. He has $50,000 to invest. He will limit his investment in oil leases and bonds to no more than 30% and his investment in oil leases and stock to no more than 50%. How much should he invest in each to maximize his return, assuming investment returns are as expected? Define variables, write the constraint equations, and find the objective function. Do not solve. Constraints Objective function 6
Unitary Method
The word “unitary” comes from the word “unit”, which means a single and complete entity. In this method, we find the value of a unit product from the given number of products, and then we solve for the other number of products.
Speed, Time, and Distance
Imagine you and 3 of your friends are planning to go to the playground at 6 in the evening. Your house is one mile away from the playground and one of your friends named Jim must start at 5 pm to reach the playground by walk. The other two friends are 3 miles away.
Profit and Loss
The amount earned or lost on the sale of one or more items is referred to as the profit or loss on that item.
Units and Measurements
Measurements and comparisons are the foundation of science and engineering. We, therefore, need rules that tell us how things are measured and compared. For these measurements and comparisons, we perform certain experiments, and we will need the experiments to set up the devices.
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