Javier was the winner of the lottery and decided to invest $50,000 USD in the Stock Market. He You plan to buy shares in a mining company (M) and a forestry company (F). Although A long-term goal is to obtain the maximum possible benefits, it has not left aside the high risk involved in purchasing shares. A risk is assigned from 1 to 10 (with 10 as the riskier) to each of the two actions. The total risk is found by multiplying the risk of each stock for the dollars invested in it. The investor would like to maximize the estimated return on the investment, but the index The average risk of this should not be more than 6 of the total invested ($50,000 USD). Additionally, you cannot invest more than $30,000 USD in the forestry company. A) Formulate the problem using the Simplex method, and find the optimal solution. Do it in python using the scipy library.
Javier was the winner of the lottery and decided to invest $50,000 USD in the Stock Market. He
You plan to buy shares in a mining company (M) and a forestry company (F). Although
A long-term goal is to obtain the maximum possible benefits, it has not left aside the
high risk involved in purchasing shares. A risk is assigned from 1 to 10 (with 10 as the
riskier) to each of the two actions. The total risk is found by multiplying the
risk of each stock for the dollars invested in it. The investor would like to maximize the estimated return on the investment, but the index
The average risk of this should not be more than 6 of the total invested ($50,000 USD).
Additionally, you cannot invest more than $30,000 USD in the forestry company.
A) Formulate the problem using the Simplex method, and find the optimal solution. Do it in python using the scipy library.
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