How much should be held as cash and how much should invested

Reference no: EM133664136

Problem: You are responsible for managing a $30,000 account, some of which must be held as cash to cover current payables, some of which could be invested at somewhat higher risk to earn somewhat higher returns. Linear programming can be used to help decide how much should be held as cash and how much should be invested.

Reference no: EM133664136

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