Question: a. Develop the objective function, assuming that the client desires to maximize the total annual return. (6 marks) b. Show the mathematical expression for each

  • a. Develop the objective function, assuming that the client desires to maximize the total annual return. (6 marks)
  • b. Show the mathematical expression for each of the following three constraints: (9 marks)
  • (1) Total investment funds available are $750,000.
  • (2) Maximum Oil Alaska investment is $600,000.
  • (3) Maximum Southwest Petroleum investment is $550,000.
  • c. Could either of x or y be negative? Why? What mathematical expression(s) would guarantee that? (3 marks)

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