required for each project and the estimated NPV the project will generate if it is successful.

Project Startup Costs Net Present Value Probability Parameter $$i $123456$

$$325$ $$200$ $$490$ $$125$ $$710$ $$240$ $$750$ $$120$ $$900$ $$400$ $$1,100$ $$800$

$3\mathrm{.}12\mathrm{.}5($Note: All monetary values are in $$1000$s$.)$

TMC$$s directorp costs for selected projects. They want to determine the project selection and resource allocation strategy that will maximize the expected NPV$.$