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5. The City Council has allocated P500,000.00 for projects designed to prevent automobile accidents. Four proposals were submitted: (a) TV advertisement (b) teenage safety education
5. The City Council has allocated P500,000.00 for projects designed to prevent automobile accidents. Four proposals were submitted: (a) TV advertisement (b) teenage safety education (c) improved airbags (d) enforcement of driving laws. The projects are expected to result in the reduction of both fatalities and property damages as follows: Project Expected Reduction in Average Damage Averted fatalities per P1,000.00 per P1,000.00 a 0.25 P300 b 0.32 500 C 0. 15 0 d 0.28 250 The council has decided that no single project will be awarded more than P250,000.00. They also wish to award at least P50,000.00 for teenage education. They want to award at least P1 for improved airbags for each peso awarded to TV advertisement, The average value of a human life has been assessed as being P400,000.00. Formulate the LP Model
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