Annual Income Associated with the Optimal Solution Point
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Complete parts (with work) A,B AND C.
As well as answering the 2nd portions (solve graphically and in excel) and stating final solution in a sentence. Also, what is the annual income associated with the optimal solution point?
I have has a really tough time doing this, any help is appreciated.SHOW ALL WORK!
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Solution Summary
The soluton gives detailed steps on solving a linear programming question using both graphic and excel method. A output graph is also included.
Solution Preview
Let S be units purchased in the stock fund and M be units purchased in the money market fund
1) We need set up the problem first from the question:
We need minimize ...
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