The Smooth Construction Company is planning to invest in several of eight (8) projects. Unfortunately, it faces a range of constraints such as budgetary, number of projects that it can supervise, and the relationship among projects (contingent and/or duplicative). The Company is seeking your assistance in selecting the projects that will maximize its Net Present Worth given different sets of constraints. All projects have the same lifespan. Questions 1 to 3 a) Budget =$1,100,000; MARR =10%. b) The best bundle cannot exceed 3 projects. c) Use the NPW decision criterion to determine the "best" feasible bundle of independent projects. 1. The best investment bundle consists of projects 2. The NPW ($) of the best investment bundle is 3. The total cost ($) of the best investment bundle is a) Budget =$1,500,000; MARR =10%. b) Projects A and E must be selected. c) Projects B, C and G overlap significantly. Select at most two (2) projects. 'At most' means that none (0), 1 or 2 projects may be selected. d) A maximum of four (4) projects must be selected. 3Page e) Use the NPW decision criterion to determine the "best" feasible bundle of projects. The Smooth Construction Company is planning to invest in several of eight (8) projects. Unfortunately, it faces a range of constraints such as budgetary, number of projects that it can supervise, and the relationship among projects (contingent and/or duplicative). The Company is seeking your assistance in selecting the projects that will maximize its Net Present Worth given different sets of constraints. All projects have the same lifespan. Questions 1 to 3 a) Budget =$1,100,000; MARR =10%. b) The best bundle cannot exceed 3 projects. c) Use the NPW decision criterion to determine the "best" feasible bundle of independent projects. 1. The best investment bundle consists of projects 2. The NPW ($) of the best investment bundle is 3. The total cost ($) of the best investment bundle is a) Budget =$1,500,000; MARR =10%. b) Projects A and E must be selected. c) Projects B, C and G overlap significantly. Select at most two (2) projects. 'At most' means that none (0), 1 or 2 projects may be selected. d) A maximum of four (4) projects must be selected. 3Page e) Use the NPW decision criterion to determine the "best" feasible bundle of projects