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In a Portfolio Problem, X1, X2, and X3 Represent the Number

Question 40

Multiple Choice

In a portfolio problem, X1, X2, and X3 represent the number of shares purchased of stocks 1, 2, and 3, which have selling prices of $15, $47.25, and $110, respectively. The investor has up to $50,000 to invest.
-The stockbroker suggests limiting the investments so that no more than $10,000 is invested in stock 2 or the total number of shares of stocks 2 and 3 does not exceed 350, whichever is more restrictive. How would this be formulated as a linear programming constraint?


A)
X210000X2+X3350\begin{array} { l } X _ { 2 } \leq 10000 \\X _ { 2 } + X _ { 3 } \leq 350\end{array}

B) 10,000 X2 ? 350X2 + 350X3

C)
47.25X210,000X2+X3350\begin{array} { l } 47.25 \mathrm { X } _ { 2 } \leq 10,000 \\\mathrm { X } _ { 2 } + \mathrm { X } _ { 3 } \leq 350\end{array}


D)
47.25X210,00047.25X2+110X3350\begin{array} { l } 47.25 \mathrm { X } _ { 2 } \leq 10,000 \\47.25 \mathrm { X } _ { 2 } + 110 \mathrm { X } _ { 3 } \leq 350\end{array}

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