A) Maximize \[Z=0.08x+0.09y\] subject to, \[x+y\le 50,000,x\ge 15000,\]
B) Maximize \[Z=0.08x+0.09y\] subject o, \[x+y\le 50,000,x\ge 15000,y\le 20,000\]
C) Maximize \[Z=0.08x+0.09y\]subject to, \[x+y\le 50,000,x\le 15000,y\ge 20,000\]
D) Maximize \[Z=0.08x+0.09y\] subject to, \[x+y\le 50,000,x\le 15000,y\le 20,000\]
Correct Answer: A
Solution :
[a] Let shamili invest x in saving certificate and y in PPF. \[\therefore x+y\le 50000,x\ge 15000andy\ge 20000\] Total income \[=\frac{8}{100}x+\frac{9}{100}y\] \[\therefore \] Given problem can be formulated as Maximize \[Z=0.08x+0.09y\] Subject to, \[x+y\le 50000,x\ge 15000,y\ge 20000.\]You need to login to perform this action.
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