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Please show steps how to use solver and get the answers. The CFO of your company has determined that the firms capital investment budget will
Please show steps how to use solver and get the answers.
- The CFO of your company has determined that the firms capital investment budget will be limited to $3,000,000 for the upcoming year. Unfortunately, this amount is not sufficient to cover all of the independent, indivisible and positive NPV projects available to the firm.
Project D & H are mutually exclusive.
Project | NPV | Cost (Initial Investment) |
A | $ 72,658.00 | $ 628,200.00 |
B | $ 36,418.00 | $ 352,100.00 |
C | $ 212,150.00 | $ 1,245,600.00 |
D | $ 70,925.00 | $ 814,300.00 |
E | $ 11,400.00 | $ 124,500.00 |
F | $ 56,842.00 | $ 985,000.00 |
G | $ 93,600.00 | $ 2,356,400.00 |
H | $ 65,350.00 | $ 226,900.00 |
I | $ 48,842.00 | $ 1,650,000.00 |
J | $ 39,815.00 | $ 714,650.00 |
Using the Solver, determine which of the above projects should be included in the budget.
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