(D

0 9, - ~iru-n<UJ- j_
~9r') ,Q5 l !:')~ l - -!lb~

'";LI I 'X...ol) '1(_ o) '1(._4 I ')L5 I '){_l:, : t--lo · °o I

t o/
1
~,
1
4 '=>_, 6

0"1~ Fu-n~ :
""~tf ,e..<h-Gl .
O~aJ:u..ul- 0 ~c.tion
,:, -= D - 2> y..Prl ·+- 0 - Q.0)(- A<Q 0. \5 .,.:.-A-2> + O. } .::i )(. A+

-\- O. 'y. P.. 5

+ 0. 0'2. Y.... AG.

-x.., "t- ss A4-=37<-"-'t> _

A -r

' «,000,000
<R.,000,000

As -:: __:::..--
¾i- Q.6
'f-.~'o
Ac). ;:,
~ , 000,000
.Q. ,oo:;,ooo
P< s -:: :!:-"'.,._ ,;;rO
A 2,_::::.::---
"' <-/..__a,~ 115
.Q ,ooo, ooo •
o:),000,000

f\"
\N 4 W:.b ,b~ •

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L O _o S 'f-... ~ , 000 J 0'0 0 - @
%rx._ -t- Q{:, '"-s
4
 &O ')Lb 0. 0 SY.... Q , 000,000

- \

55~&l")l..l - f>S,~:: 0

\ ,O ~, - f>q -j..~ = O -@)

2:> 1-- b'6 - ;;;i_y__ \1 s"J.. = a

QO 4')(..(Q - cQSO ')(.__~ ':::? 0 - ®

?-

-Q

Q.'"\-- .!;;)~ ;;:, Q

\. 'Y--4 - Q 'f-... ;;:) b 'JL5 ::, o

l <t, ~4- - 5 Bl -Ls .,._ o _ 6)

: ' 1\-o. ::_. "-'4od- -I<> "\ c.ono\-,oSn±,,

04 f;,,<,:o-l ~ ' J.o ·.

No ·9c) . s . ~ °.;\ G.t.nd \ ... 4 @4Q -

No -~ ~ ~ ~ ~ a " ' b~ E-.,Q_ + s

No. °o , ! , ~ ~u.r-d ~ -= <oo c;,; C::, . C\b
No •°{ ob~ 4 =- l'6S1'?, -5Q

No-~ b~ Fu.rd- S 6"':\10 . '@(c,

t-lo - C. = 5000
 "~ v I sJ ~E!.,
'"Ls~ , S ~ k

Li-&YH"i .. """' ,,. ft' g ". \)))¾))H1f• ..n,wh n ' n : Po·rtfollo Managem_en_t.....- - - - - - - - - - - - - - - - - - - ~ - -
Definition of Decision Variables

Xl = number of shares of Mutual Fund 1

X2 = number of shares of Mutual Fund 2
X3 = number of shares of Mutual Fund 3
X4 = number of shares of Mutual Fund 4
XS= number of shares of Mutual Fund 5
X6 = number of shares of Mutual Fund 6

Decision Variables Xl X2 X3 X4 XS X6 Total number of shares

Number of Shares t :1'i:~~~~(.-f@i111:i3,:R!k!·A·l·J cti._~ • •
47120.90
Weights for each share 0.12 0.23 0.35 0.17 0.08 0.05

Objective Function Expected returns <= Maximise

Expected Returns 0.3 0.22 0.15 0.12 0.1 0.08 - . , ;i.',4',H

Constraints LHS Type RHS Units

Total Investment 55 68 115 18 26 20 2000000 = 2000000 Dollars
High risk fund - lower limit 55 68 115 0 0 0 1400000 >= 1000000 Dollars
High risk fund - upper limit 55 68 115 0 0 0 1400000 <= 1400000 Dollars
Med risk fund lower limit 0 0 0 18 26 0 500000 >= 400000 Dollars
Med Risk fund uppef 'limit 0 0 0 18 26 0 500000 <= 700000 Dollars
Low risk fund lower limit 0 0 0 0 0 20 100000 >= 100000 Dollars
High risk fund 1 and fund 2 ratio constraint 110 -68 0 0 0 0 -2 .91038E-10 = 0 Dollars
High risk fund 2 and fund 3 ratio constraint 0 204 -230 0 0 0 -2.32831E-10 = O Dollars
Med risk fund 4 and fund 5 ratio constraint 0 0 0 18 -52 0 0 = O Dollars
 ~9~ \Qs\ 32. I
@
u~ -1:}-u. uJJU:.l. ")--T)~ :r,..;:;...~ /!:,~
I

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'6
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--
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Y) C.l) aJJ.. ¼:hi. '-+ /UJI. c....c& \:: ,--~ " ~)

fo ~..-.cl J!:,~

2 L 450
@ ~ck- M~t2.n.t P9 \'.llQs)o3l

\.)~4 t."'l'.u.l ~ol.u..v{ , G~ ~ :

p.:o\\tX,

3,.0 ? ~
C =- 4'?. \='~
~~-~
~\, = -=-
.;, O\ E:,

0 Th.a- -\-gbtl o..rn.cu.nx ,n~ +s. <"n"I~~ B , !,Q..

~d ~cf~ i~ Cl9LQ_ ~hQ9<...
.tl-1'lYl ih:u: <n~ -to ~t,W.9tQ_ A. 'j~ f.o
C

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~\'t>, i ~:co.

~)qe, ~ 4 94'~ ·.
c;#\o,rob'-2. 640 +3'>20 = C\60
~e. -o ~40 - ol~O g l:,O

d'' / P o
...._na.Q.CU:>e
,,
r- ..
).n~

~~,oo~
?~\:, 'l.n<.9UUU>Q.. "" 0 . =t Y.. \ 0 0 =- ' .;)_ -=I 0

~A-en~
~\::.. 'tn(.'}lll.0-be. = .:;:, - 7 'll 4 oo "'\ l ooo ou1:; e.. ~~'1\ .
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:kh!l- ~ -
~ I be., rn.C ~ Q• p 'l.n

~~-::0 - 4

<T>"'~al \ J>O -t- so~~ > rl\:. ~ r , ~ e , -= o - 4 7- so

=-~

~} it-la- "'""~ N~a..l e, \ : , ~ ';_I:; ho-6

6~ F ·
 f>9 f' I~e.1 :a.:!> I
.:I's~ £~1..-i

' Stock mana_gement

Definition of Decision parameters

A= Quantity of product A
B = Quantity of product B
C = Quantity of Product C

Decision Variables A B C
Quantity 112 0 48!

Objective function Total Profit

Profit per product 12 15 14 ·@i}i otsW '
I
Constraints LHS Type RHS Unit
Material 1 3 5 8 720 <= 720 Pounds
Material 2 2 0 3 368 <= 600 Pounds
Material 3 4 6 4 640 <= 640 Pounds
 Ft~ ~ ~or~~"' Rb 200 1 000

'\)~ c...96\: i QJU.h. fiF-- = Qoo

5
g, u-nf\. f95'"&-- = 9..-o QC\ ·

7 =,00,000
.soo, ooo
q 5

b) r-,i.o , &9ld. l4 QO
2:,1.s<o =
NO. .\-1:) \:,·'{~ = QO

4
- . "\ ~ " " -\D - , _ ½cJ, = c h , ~ c_
Q-;:;i_ 42000
so - .Qo:::>) , S<,0
I._U-U..
 u n':.b r,
""' J..Y)
0 \ ~.,.... ~e...n¼:. \ =- ' Ufti.\:
\J ..tu \ m S.~~ " \ u..r{{\:

21~ ~'q, ~o\:U.- =QAd..aJ. L\-

U~¼. 3 \ 1= 9;\ \ Q u..ni.~

\.)~I,, q\ 2, ::,, C ,~ ' \ Q a b -~<.
' .. _ho, m , - i.,-. \0
:j~ 2> ea:,.= -

,;) ~ , k'" t,,, <>L .:i >,.. I ;;;i - (§)

1=1~ bo\_uh.crL
·-
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t \ , =>) • '!sa-+- ,so = Q..;o

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1

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l e , ;;iJ

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~ l Q = \ ~u.r()

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'lLQ\.,. '\>~
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nt...~'-?> - a~
ex.__.;, -z "2,

C)l_e,;i. = 2, ~t.t.N\_

'"X....-~2,, 0 Q)Kti"~ .

O~e£\.U
t--A.or8~ ~\:, .

c, , C:;;i co -z \ ~onsl-ltl:. \ , Q, o _
I

~, R~,'R2,""" ~QJJ-.Q.n.UA \ 81 ~~a.

b',,a~ .
1

~:: C C,--t...
1 11
+- ~, ;;2+- r:x...,aJ +- C...~l ,. .,__ Q,., _ 'IL.;,~ t- <j._.si?>) +
c. o c_,....,__1:,,-\- "J....'?.,Q) + l)L-z-3 J.

~ -::. ~, (_0-.\,+.-,t.,.;i+ 'lL1"2,)-t- 'i<.~\.. r)I.__::> \ -\-~&Q+ '"X..Q.'.?,)

R3 l -=,,+ ~aQ + rx..~~)

® t"--->4 c..cru.\-Yc8.-tl-
~ \\ + ~Q\ + "/.... o\ 2,000

0L, o! + ---J__ &al+ -x_ ~;;, °>,. 3,oOO

® ~ <"l Q1)( }iyo. ~\y-o.f_,,!

\ ;;;. <)(... I -2 0 · 4 (__ .-y..__ I .:i_ + 'X__<>l + '"X._3,a)}

3 _. 0--~~ L O - .;25 l 0.. \al-\- ,..,__-2.) ~..i)

~o = 2,00
 P9t> .QE:,
I \=-~ I
T s.\..o.ze... ~ ~9.

Petroleum Company
Definition of the Decision variables

Xll = Component 1 for super

X12 = Component 1 for premium
X13 = Component 1 for extras
X21 = Component 2 for super
X22 = Component 2 for premium
X23 = Component 2 for extras
X31 = Compoenet 3 for super
X32 = Component 3 for premium
X33 = Component 3 for extras

Decision Variables
Super Premium Extra Total
Component No 1 1500 1200 4500 <= 4500
180~1
Component No 2 900 1500 300 2700 <= 2700
Component No 3 600 300 90.Q, 1800 <= 3500
Total number of barrels of 3 grade 3000 3000 3000

Min barrels required for each grade 3000 3000 3000

Objective Function
Total Revenue Total Cost Profit
Revenue for each barrel of the specified grades 23 20 18 183000
Cost of each barrel for each component 12 10 14 106200 L__7ij80QJ

Constraints LHS Type RHS Unit

Grade -Super - com pl constraint 1 0 0 1500 >= 1500 Barrels
Grade -Super - comp2 constraint 1 0 0 900 <= 900 Barrels
Grade -premium - compl constraint 0 1 0 1200 >= 1200 Barrels
Grade -premium - comp3 constraint 0 1 0 300 <= 750 Barrels
Grade -extra -compl constraint 0 0 1 1800 >= 1800 Barrels
Grade -extra -comp2 constraint 0 0 1 300 >= 300 Barrels
Comp 1 max constraint 1 1 1 4500 <= 4500 Barrels
Comp 2 max constraint 1 1 1 2700 <= 2700 Barrels
Comp 3 max constraint 1 1 1 1800 <= 3500 Barrels
Min grade super constraint 1 0 0 3000 >= 3000 Barrels
Min grade premium constraint 0 1 0 3000 >= 3000 Barrels
Min grade extras constraint 0 0 1 3000 >= 3000 Barrels