Question: Practice 15-2 Create a decision model for an investment problem. You are given return rate and risk rate Compare the Solver solution when the objective

 Practice 15-2 Create a decision model for an investment problem. You

are given return rate and risk rate Compare the Solver solution when

Practice 15-2 Create a decision model for an investment problem. You are given return rate and risk rate Compare the Solver solution when the objective is to Max Expected Returns versus the sol 1 Question #1 Use the given model notes to complete the formulas in the cells and setup the Solver m Record the Expected Profit for each objective function solution. Which investment strategy re Make sure to name all ranges before creating formulas and setting up solver. Remember to clear decision variable values before re-running the Solver model for a differen INVESTMENT Options Selected Allocation Investment Return Rate Textiles $5,245.61 $5,245.61 76% Steel $9,604.84 $9,604.84 80% Technology 5, 143.85 $5, 143.85 34% RealEstate $8,317.98 $0.00 39% Transportation $8,905.47 $0.00 54% Total Selected Min Allocation Total Invested Err:52 $5,000.00 Err: 520 Min to Select Max Allocation Available Funds 3 $10,000.00 $20,000.00 Objective Max Exp Returns Min Exp Risk Expected Profit $7,728.76 50.00 Decision Variables = Project Selected? (binary) and also Investment Amount Expected Returns = Return Rate * Investment Amount Expected Risk = Risk Rate * Investment Amount Expected Profit = Expected Returns - Expected Risk Total Investment Amount = min to select Allocation amount >= min and

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