Identify the decision variables in simple verbal statements

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Reference no: EM131439715

Question: A business student has $2,500 available from a summer job and has identified three potential stocks in which to invest. The cost per share and expected return over the next 2 years is given in the table.

Stock A B C

Price/Share $25 $15 $30

Return/Share $8 $7 $11

a. Identify the decision variables, objective function, and constraints in simple verbal statements.

b. Mathematically formulate a linear optimization model.

Reference no: EM131439715

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