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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