Question: Math 540 Quantitative Methods In a portfolio problem, X1, X2, and X3represent the number of shares purchased of stocks 1, 2, an 3 which have
Math 540 Quantitative Methods
In a portfolio problem, X1, X2, and X3represent the number of shares purchased of stocks 1, 2, an 3 which have selling prices of $15, $47.25, and $110, respectively.The investor has up to $50,000 to invest.
An appropriate part of the model would be
15X1+ 47.25X2 +110 X3 50,000
MAXZ =15X1+ 47.25X2 + 110X3
X1+ X2 +X3 50,000
MAXZ = 50(15)X1+ 50 (47.25)X2 + 50 (110)X3
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