Cindy has $9000 to invest in a portfolio. Her investment alternatives and their expected returns are:...

  

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Cindy has $9000 to invest in a portfolio. Her investment alternatives and their expected returns are: Description Expected Return 4.1% Investment RRSP (retirement) Employer's retirement plan 1 2 6.2% 3 Mutual Fund 5.7% She will put at least $1500 into each investment, and cannot invest more than $9000 in total. In addition, she has three goals which may be violated if need be. Goal 1 is for the expected annual return to be at least $700. Goal 2 is to invest no more than $4000 in the two retirement plans combined. Goal 3 is to invest in investment 3 at least twice as much as in investment 1. Goal 1 is five times as important as Goal 2, and Goal 2 is twice as important as Goal 3. Formulate but do not solve a goal optimization model for this situation. Cindy has $9000 to invest in a portfolio. Her investment alternatives and their expected returns are: Description Expected Return 4.1% Investment RRSP (retirement) Employer's retirement plan 1 2 6.2% 3 Mutual Fund 5.7% She will put at least $1500 into each investment, and cannot invest more than $9000 in total. In addition, she has three goals which may be violated if need be. Goal 1 is for the expected annual return to be at least $700. Goal 2 is to invest no more than $4000 in the two retirement plans combined. Goal 3 is to invest in investment 3 at least twice as much as in investment 1. Goal 1 is five times as important as Goal 2, and Goal 2 is twice as important as Goal 3. Formulate but do not solve a goal optimization model for this situation.