Question: 4.E.003. A linear programming computer package is needed. The employee credit union at State University is planning the allocation of funds for the coming year.

4.E.003. A linear programming computer package is
4.E.003. A linear programming computer package is needed. The employee credit union at State University is planning the allocation of funds for the coming year. T securities to stabilize income. The various revenue-producing investments together with annual rates Type of Loan/Investment Annual Rate of Return (%) Automobile loans 7 Furniture loans 9 Other secured loans 10 Signature loans 11 Risk-free securities 8 . The credit union will have $2,600,000 available for investment during the coming year. State laws and cre Risk-free securities may not exceed 30% of the total funds available for investment, Signature loans may not exceed 10% of the funds invested in all loans (automobile, furnitu Furniture loans plus other secured loans may not exceed the automobile loans. Other secured loans plus signature loans may not exceed the funds invested in risk-free sec How should the $2,600,000 be allocated to each of the loan/investment alternatives to maximize total ann Automobile loans Furniture loans $ Other secured loans Signature loans

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