K L M H. ($B) NPV 200 NOT With J Depends On 2026 20 C D E Capital Budgeting for NASA - Budget Requirements ($B) Project 2022 2023 2024 2025 Communications Satellite Orbital Microwave Lander Mars Orbiter Mars Orbiter2 Mercury Probe Saturn Probe Infrared Imaging Ground Based Microwave Large Orbital Thrusters Color Imaging Medical Laboratory Polar Orbital Satellite Geosynchronous Satellite 20 LUI Y VOCO O O O Ouwo 10 200 150 18 Z 8 N 300 P 185 19 Annual Budget 10 EC Select the combination of projects that MAXIMIZE the total NPV for NASA, considering the following constraints: 1. Each year's budget cannot be exceeded 2. Due to resource constraints, certain projects cannot be conducted if another project is selected (mutual exclusivity) For example, Project D & E cannot occur together; likewise H & L; likewise J&P 3. Due to the need to share resources, some projects cannot occur unless another project occurs (dependency) For example, Projects E, F, G, or H cannot be completed unless Project C is completed, likewise Project L cannot be completed unless Project B occurs 28 Questions: A) What combination of Capital Projects maximize NASA's NPV? What is the maximum NPV value? 29