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Need step-by-step solution via Excel Solver. From Chapter 7.2 (Using BIP for Project Selection) of Introduction to Management Science: A Modeling and Case Studies Approach

Need step-by-step solution via Excel Solver. From Chapter 7.2 (Using BIP for Project Selection) of Introduction to Management Science: A Modeling and Case Studies Approach with Spreadsheets (Fredrick Hillier, 6th Edition.). Please do not respond just to say you cannot solve this, which delays others from answering. Many thanks.

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Your employer is trying to select from a list of possible capital projects. The projects, along with their cost and benefits, are listed below. The capital budget available is $1 million. In addition to spending constraints, your employer would like to select at least 3 projects. Projects 3 and 5 cannot both be selected together. Formulate the problem as a linear program and determine the optimal solution. Project Cost Net Present Value $250, 000 $600,060 MI A W N $245, 000 $410,900 $290, 000 $780, 000 $280,000 $480, 900 $245, 000 $570,000 Which projects should be selected? Project 1 will Project 2 will Project 3 will Project 4 will Project 5 will What is the total net present value of these projects? Total net present value

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