The stock brokerage firm of Blank, Leibowitz, and Weinberger has analyzed and recommended two stocks to an investors' club of college professors. The professors were interested in factors such as short-term growth, intermediate growth, and dividend rates. These data on each stock are as follows:

Stock $
Factor Lousiana Gas & Power Trimex Insulation Co.
Short-term growth potential per $ invested 0.36 0.24

Intermediate growth potential (over next 3 yrs), per $ invested 1.67 1.5

Dividend Rate Potential 4% 8%

Each member of the club has an investment goal of (1) an appreciation of no less than $720 in the short term, (2) an appreciation of at least $5,000 in the next three years, and (3) a dividend income of at least $200 per year. What is the smallest investment that a professor can make to meet these three goals?

... graphical solution technique, find the optimal solution, value of the objective function and values of the slack variables to this linear programming problem. ...

Media-selection problem as a linear-programming problem. See ... The media-section problem as a linear-programming problem is examined. MG585Wk6Ptab ...

... 2) Solve the following linear programming problem using the method of corners. ... 2) Solve the following linear programming problem using the method of corners. ...

Linear Programming Problem. Below is the computer solution to a linear programming problem linear programming: For the above information, answer the following: ...

Solving a Linear Programming Problem by Using MS Excel. ... Formulate a linear programming model for this problem by determining (a) The decision variables. ...

... A minimization or maximization problem can be classified as linear programming if it has the following properties: ... Steps in solving linear programming problems. ...