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The Chief Financial Officer of Eaton Medical Devices has determined that the firm's capital investment budget will be $5,000,000 for the upcoming year. Unfortunately, this
The Chief Financial Officer of Eaton Medical Devices has determined that the firm's capital investment budget will be $5,000,000 for the upcoming year. Unfortunately, this amount is not sufficient to cover all of the positive NPV proj-ects available to the firm. You have been asked to choose which investments should be made.a. Using the Solver, determine which of the above projects should be included in the budget if the firm's goal is to maximize shareholder wealth. (Note: Set the Solver to use the Simplex LP method, and turn off the Ignore Integer Con-straints setting.)
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