On retirement am employee wants to invest his retirement benefits in four investment alternatives on a...
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On retirement am employee wants to invest his retirement benefits in four investment alternatives on a ten-year horizon. The alternatives involve risks, which are subjectively marks on a seven point scale. The data are given below: Investment Alternative Return (%) Number of YearsRisk Term Deposit Saving Special Equity Shares Real Estate 9.5 2 1 7.5 6. 0.5 20.0 25.0 10 2 What percentage of his retirement benefits he invests in each of the four schemes for highest return if he decided to take risk between 1 and 5 and invest at least 30% in real estate? (a) Formulate this investment problem as a Linear Programming Problem. (b) Convert it to a standard Form. On retirement am employee wants to invest his retirement benefits in four investment alternatives on a ten-year horizon. The alternatives involve risks, which are subjectively marks on a seven point scale. The data are given below: Investment Alternative Return (%) Number of YearsRisk Term Deposit Saving Special Equity Shares Real Estate 9.5 2 1 7.5 6. 0.5 20.0 25.0 10 2 What percentage of his retirement benefits he invests in each of the four schemes for highest return if he decided to take risk between 1 and 5 and invest at least 30% in real estate? (a) Formulate this investment problem as a Linear Programming Problem. (b) Convert it to a standard Form.
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Related Book For
Introduction to Operations Research
ISBN: 978-1259162985
10th edition
Authors: Frederick S. Hillier, Gerald J. Lieberman
Posted Date:
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