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Capital Requirements ($) Alternative Limited warehouse expansion Extensive warehouse expansion Test market new product Advertising campaign Basic research Purchase new equipment Capital funds available (a)
Capital Requirements ($) Alternative Limited warehouse expansion Extensive warehouse expansion Test market new product Advertising campaign Basic research Purchase new equipment Capital funds available (a) Develop and solve an integer programming model for maximizing the net present value Net Present Value ($) Year1 Year 2 Year 3 9,000 6,000 10,500 4,000 8,000 3,000 3,000 1,000 4,000 2,500 3,500 3,500 6,000 4,000 5,000 2,000 1,500 1,800 5,000 1,000 4,000 1,000 8,75010,500 7,000 500 900 if investment alternative i is selected Let 10 otherwise Max X2+ X1+ x3+ X4+ xs+ X6 s.t. X6 Select your answer- x6Select your answer - x6Select your answer - Year 1 Year 2 Year 3 x1+ x2 + X4 + xs+ X4 + x1+ X2 x3 X4 xS 0, 1 X1, X2, X3, X4, X5, X6 Select the correct answers below Optimal Solution: x1Select your answer - v X2-Select your answer- X3 | -Select your answer- X4 | -Select your answer- X5Select your answer - X6Select your answer - Net Present Value: (b) Assume that only one of the warehouse expansion projects can be implemented. Modify your model of part (a). which of the following constraint must be added to the model? )xx2 (iv) None of the above. Select your answer ' (c) Suppose that, if test marketing of the new product is carried out, the advertising campaign also must be conducted. Modify your formulation of part (b) to reflect this new situation. Which of the following constraint must be added to the model in part (b)? x2 x ()x42 x3 (iv) x3x4 21 Select your answer- Capital Requirements ($) Alternative Limited warehouse expansion Extensive warehouse expansion Test market new product Advertising campaign Basic research Purchase new equipment Capital funds available (a) Develop and solve an integer programming model for maximizing the net present value Net Present Value ($) Year1 Year 2 Year 3 9,000 6,000 10,500 4,000 8,000 3,000 3,000 1,000 4,000 2,500 3,500 3,500 6,000 4,000 5,000 2,000 1,500 1,800 5,000 1,000 4,000 1,000 8,75010,500 7,000 500 900 if investment alternative i is selected Let 10 otherwise Max X2+ X1+ x3+ X4+ xs+ X6 s.t. X6 Select your answer- x6Select your answer - x6Select your answer - Year 1 Year 2 Year 3 x1+ x2 + X4 + xs+ X4 + x1+ X2 x3 X4 xS 0, 1 X1, X2, X3, X4, X5, X6 Select the correct answers below Optimal Solution: x1Select your answer - v X2-Select your answer- X3 | -Select your answer- X4 | -Select your answer- X5Select your answer - X6Select your answer - Net Present Value: (b) Assume that only one of the warehouse expansion projects can be implemented. Modify your model of part (a). which of the following constraint must be added to the model? )xx2 (iv) None of the above. Select your answer ' (c) Suppose that, if test marketing of the new product is carried out, the advertising campaign also must be conducted. Modify your formulation of part (b) to reflect this new situation. Which of the following constraint must be added to the model in part (b)? x2 x ()x42 x3 (iv) x3x4 21 Select your
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