Question: Attach an excel sheet that has to be worked Huber Steel is $5 per share. U.S. Oil sells for $25 per share and Huber Steel

Attach an excel sheet that has to be worked Huber

Attach an excel sheet that has to be worked

Huber Steel is $5 per share. U.S. Oil sells for $25 per share and Huber Steel sells for $50 per share. The portfolio has $80,000 to be invested. The portfolio risk index (0.50 per share of U.S. Oil and 0.25 per share for Huber Steel) has a maximum of 700. In addition, the portfolio is limited to a maximum of 1000 shares of U.S. Oil. The linear programming formulation that will maximize the total annual return of the portfolio is as follows: Max s.t. 3U + 5H Maximize total annual return 250 + 50H = 80,000 Funds available 0.50U + 0.25H 700 Risk maximum

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