Question: Andrew Chilli, a stockbroker, has several recommendations to a client. These recommendations can be found in the table below. table [ [ , ,
Andrew Chilli, a stockbroker, has several recommendations to a client. These recommendations can be found in the table below.
tableamount to beexpectedinvestmentinvestment,company,invested,returnbond,BC Bonds,tablebond,tableQuebec City BondsSaskatchewanutility,tableSaskatchewanElectricityutility,New Brunswick Gas,utility,PEI Electric,regular,Canada Paint Coregular,Northern Hotels Coregular,Nunavik Art Co
The client agrees to this list but provides several conditions:
no more than $ can be invested
at least five different investments must be purchased
no more than one type of bond can be purchased
at least two utility stocks must be purchased
at least two regular stocks must be purchased.
Formulate this as a integer linear programming problem, using li for each investment, to help the client maximize expected return.
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