Linear Programming

Question 1

Question 21

Revolt · Accepted Answer

The minimum cost is $ and occurs at .: 546; The minimum cost is $ and occurs at .: (18, 6)

Question 2

Suppose you have $16,000 to invest in three stocks, A, B, and C. Stock A is a low-risk stock that has expected returns of 4%. Stock B is a medium-risk stock that has expected returns of 5%. Stock C is a high-risk stock that has expected returns of 6%. You want to invest at least $1,000 in each stock. To balance the risks, you decide to invest no more than $7,000 in stock C and to limit the amount invested in C to less than 4 times the amount invested in stock A. You also decide to invest less than twice as much in stock B as in stock A. How much should you invest in each stock to maximize your expected profit? Complete the constraints.Stock A: x [image 1] ⇒ 1 Stock B: y [image 2] ⇒ 1 and y [image 3] ⇒ 2x Stock C: 16 – x – y [image 4] 16 – x – y [image 5] ⇒ 7 16 – x – y [image 6] ⇒ 4x

Revolt · Accepted Answer

≥; ≤

Question 3

What are the vertices of the feasible region? Select four options..

Revolt · Accepted Answer

(3, 6); (5, 10); (8, 1); (14, 1)

Question 4

Evaluate the profit function at each vertex.P = 0.04x + 0.05y + 0.06(16 – x – y) (8, 1) P =

Revolt · Accepted Answer

Evaluate the profit function at each vertex.P = 0.04x + 0.05y + 0.06(16 – x – y) (8, 1) P =: .79; (14, 1) P =: .67; (3, 6) P =: .84; (5, 10) P =: .76; .79

Question 5

(14, 1) P =

Revolt · Accepted Answer

.67

Question 6

(3, 6) P =

Revolt · Accepted Answer

.84

Question 7

(5, 10) P =

Revolt · Accepted Answer

.76

Linear Programming Answers

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