Please use this identifier to cite or link to this item:
http://hdl.handle.net/123456789/1313
Title: | OPTIMAL PORTFOLIO MIX FOR MULTIGROW INSURANCE COMPANY IN GHANA USING LINEAR PROGRAMMING |
Authors: | Boah, D. K. Adu, I. K. Tulasi, V. |
Keywords: | Portfolio Investment Linear Programming Optimal Portfolio Mix Optimal Return |
Issue Date: | 2015 |
Publisher: | European Centre for Research Training and Development UK |
Series/Report no.: | Vol. 3;Issue 5 |
Abstract: | In this paper, the concept of Linear Programming (LP) was applied to Multigrow Insurance Company in Ghana which had a portfolio problem. The company had obtained GH ₵ 200000 cash but had a difficulty in determining how much to invest in each of five investment areas in order to maximize return. Based on the data collected, the problem was formulated as a Linear Programming Problem and solved using Management Scientist Version 5 Software. Optimal portfolio mix was obtained for the Insurance Company. Finally, the total optimal return on the investments of the company was found to be GH ₵ 15980. It is strongly recommended that the Company should adhere to the proposed optimal portfolio mix and also employ at least one operations researcher to assist the Company in its activities |
URI: | http://hdl.handle.net/123456789/1313 |
ISSN: | 2053-2210 |
Appears in Collections: | Faculty of Mathematical Sciences |
Files in This Item:
File | Description | Size | Format | |
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OPTIMAL PORTFOLIO MIX FOR MULTIGROW INSURANCE COMPANY IN GHANA USING LINEAR PROGRAMMING.pdf | 307.21 kB | Adobe PDF | View/Open |
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