What Is the Variance of a Portfolio Consisting of €3,500 $\quad\quad\quad\quad\quad\quad\quad\quad\quad\quad\quad\quad\quad\quad\quad\quad\quad\quad\quad\quad\quad\quad\quad\quad\quad$

question 112

Multiple Choice

What is the variance of a portfolio consisting of €3,500 in share G and €6,500 in share H?
$\quad\quad\quad\quad\quad\quad\quad\quad\quad\quad\quad\quad\quad\quad\quad\quad\quad\quad\quad\quad\quad\quad\quad\quad\quad$ Returns if
$\quad\quad\quad\quad\quad\quad\quad\quad\quad\quad\quad\quad\quad\quad\quad\quad\quad\quad\quad\quad\quad\quad\quad\quad\quad$ State Occurs
$\begin{array}{|l|l|l|l|}\hline \text { State of Economy } & \text { Probability of State of Economy } & \text { ShareG } & \text { Share H } \\\hline \text { Boom } & 15 \% & 15 \% & 9 \% \\\hline \text { Normal } & 85 \% & 3 \% & 6 \% \\\hline\end{array}$

• A).000209
• B).000247
• C).002098
• D).037026
• E).073600

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Definitions:

Short-Term Scheduling

The process of organizing and optimizing operations or tasks in the near term, focusing on efficient allocation of resources to meet immediate production or service goals.

Assigns Jobs

The act of allocating or designating work tasks to individuals or groups based on criteria such as skills, availability, or strategic importance.

Work Centres

Specific locations, machines, or groups of machines within a manufacturing facility where distinct types of processes are performed.

Assignment Method

The assignment method is a mathematical technique used for allocating resources or tasks to units in an efficient manner, often used in operations research.