Use the method of corners to solve the linear programming

Last updated: 12/14/2023

Use the method of corners to solve the linear programming problem An investor has decided to commit no more than 80 000 to the purchase of the common stocks of two companies Company A and Company 8 He has also estimated that there is a chance of at most a 1 capital loss on his investment in Company A and a chance of at most a 4 loss on his investment in Company B and he has decided that these losses should not exceed 2 000 On the other hand he expects to make a 15 profit from his investment in Company A and a 21 profit from his investment in Company B Determine how much he should invest in the stock of each company x dollars in Company A and y dollars in Company B in order to maximize his investment returns x y What is the maximum return in dollars