Riesemberg Medical Devices is allocating next year's budget among its divisions. As a result, the R&D Division needs to determine which R&D projects to fund. Each project requires various software and hardware and consulting expenses, along with internal human resources. A budget allocation of $1,300,000 has been approved, and 35 engineers are available to work on the projects. The R&D group has determined that at most one of projects 1 and 3 should be pursued, and that if project 6 is chosen, then project 3 must also be chosen. Develop a model to select the best projects within the budget. Click the icon to view the project expected return (NPV), resources, and cost data. Which combination of projects maximizes NPV within the budget? Select all that apply. A. 3 B. 4 - X O c. 6 R&D Project Data D. 1 O E. 2 Project NPV Internal Engineers Additional Costs $600,000 OF. 7 $196,000 $340,000 $130,000 O G. 5 $590,000 $400,000 $725,000 10 $200,000 $550,000 $70,000 $400,000 $180,000 CO N $650,000 $225,000 Print DoneA manufacturer of kitchen appliances is preparing to set the price on a new blender. Demand is thought to depend on the price and is represented by the model D = 3,000 - 4P. The accounting department estimates that the total costs can be represented by C = 4,000 + 2D. Develop a model for the total profit. Implement the model on a spreadsheet and use nonlinear optimization with Solver to find the price that maximizes profit. The price that maximizes profit is P = $. (Round to the nearest cent as needed.)