The General Wheels Co is considering three capital investment with following table BELOW The total amount of capital available for investment is $70 million. Investment opportunitites A and B are mutually exclusive which means only one can be undertaken among the two. Objective is to find combination of project that will maximize total estimated long-run profit. a. Formulate the BIP model for this problem. b. Solve the problem by seeing all combinations subject to constraint. Based on that, explain which project should be undertaken by the company

PPT C... HW2.docx.pdf X 1 / 3 125% e down your name on top of the answer sheet. Please submit in pdf form General Wheels Co is considering three capital investment with following table Investment Opportunity Estimated Profit (millions) $17 Capital required (millions) $36 28 34 B 10 15 total amount of capital available for investment is $70 million. Investment ortunities A and B are mutually exclusive which means only one can be ertaken among the two. Objective is to find a combination of projects that will kimize total estimated long-run profit. Formulate the BIP model for this problem. Fahen the nrohlambua Bi