An individual wishes to invest PhP 50,000 over the next year in two types of investment: Investment A yields 5%, and investment B yields 8%. Market research recommends an allocation of at least 25% of the actual total investment in A and at most 50% of the actual total investment in B. Moreover, investment in A should be at least half the investment in B. How should the fund be allocated to the two investments?   questions: -Find the feasible region -Find the corner points -Find the optimal value

Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter6: Optimization Models With Integer Variables
Section6.3: Capital Budgeting Models
Problem 3P: Solve Problem 1 with the extra assumption that the investments can be grouped naturally as follows:...
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An individual wishes to invest PhP 50,000 over the next year in two types of investment: Investment A yields 5%, and investment B yields 8%. Market research recommends an allocation of at least 25% of the actual total investment in A and at most 50% of the actual total investment in B. Moreover, investment in A should be at least half the investment in B. How should the fund be allocated to the two investments?

 

questions:

-Find the feasible region

-Find the corner points

-Find the optimal value

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ISBN:
9781337406659
Author:
WINSTON, Wayne L.
Publisher:
Cengage,