Formulate a linear programming model that can be used to determine the percentage (as a decimal) that should be allocated to each of the possible investment alternatives. (Assume B is the percentage (as a decimal) of funds invested in the bond fund and S is the percentage (as a decimal) of funds invested in the stock fund.) (ALREADY DONE) MAX 0.08B+0.15Ss.t.bond minimum fund B≥0.30minimum return 0.08B+0.15S≥0.09Percentage requirement B+S=1B, S ≥ 0 Solve the problem using the graphical solution procedure. What is the value of the objective function at the optimal solution? (Question I am asking)_________ at (B, S)= __________

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Description: Formulate a linear programming model that can be used to determine the percentage (as a decimal) that should be allocated to each of the possible investment alternatives. (Assume B is the percentage (as a decimal) of funds invested in the bond fund a

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Advanced Engineering Mathematics

10th Edition

ISBN:9780470458365

Author:Erwin Kreyszig

Publisher:Erwin Kreyszig

Chapter2: Second-order Linear Odes

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Formulate a linear programming model that can be used to determine the percentage (as a decimal) that should be allocated to each of the possible investment alternatives. (Assume B is the percentage (as a decimal) of funds invested in the bond fund and S is the percentage (as a decimal) of funds invested in the stock fund.) (ALREADY DONE)

MAX 0.08B+0.15S

s.t.

bond minimum fund B≥0.30

minimum return 0.08B+0.15S≥0.09

Percentage requirement B+S=1

B, S ≥ 0

Solve the problem using the graphical solution procedure. What is the value of the objective function at the optimal solution? (Question I am asking)

_________ at (B, S)= __________

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Advanced Engineering Mathematics

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ISBN:

9780470458365

Author:

Erwin Kreyszig

Publisher:

Wiley, John & Sons, Incorporated