Question: please post the corner points and the graph for the problem. thank you!! 4. An investor has $5,000 he is able to invest in the
please post the corner points and the graph for the problem. thank you!!
4. An investor has $5,000 he is able to invest in the stock market. He has narrowed his choices to two stocks, Gulp Industries (GI), and Ma Belle (MB). He feels that both stocks have about the same potential for capital appreciation, so he wishes to maximize the expected annual return from the investment. GI is currently priced at $50 per share, and the estimated annual return is $4 per share. MB's current price is $100 per share, with an estimated annual return of $10 per share. The investor wishes to place a minimum of $900 in GI and a maximum of $3,000 in MB. He also wishes to purchase at least 50 shares of total stocks. a. Formulate the above linear programming problem, and solve it graphically b. Is any constraint redundant? If so, identify it and explain why it is redundant
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