Chapter 3 Section#2
Formulate but do not solve the following exercise as a linear programming problem.
A financier plans to invest up to $400,000 in two projects. Project A yields a return of 10% on the investment of x dollars, whereas Project B yields a return of 14% on the investment of y dollars. Because the investment in Project B is riskier than the investment in Project A, the financier has decided that the investment in Project B should not exceed 35% of the total investment. How much should she invest in each project to maximize the return on her investment P in dollars?
Chapter 3 Section#3
Find the maximum and/or minimum value(s) of the objective function on the feasible set S. (If an answer does not exist, enter DNE.)
Z = 4x ? y