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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 | |
|---|---|---|---|---|
| OPTIMAL PORTFOLIO MIX FOR MULTIGROW INSURANCE COMPANY IN GHANA USING LINEAR PROGRAMMING.pdf | 307.21 kB | Adobe PDF | View/Open |
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