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The Texas Consolidated Electronics Company is contemplating a research and development program encompassing eight research projects. The company is constrained from embarking on all projects

The Texas Consolidated Electronics Company is contemplating a research and development program encompassing eight research projects. The company is constrained from embarking on all projects by the number of available management scientists (40) and the budget available for R&D projects ($300,000). Further, if project 2 is selected, project 5 must also be selected (but not vice versa). Following are the resources requirement and the estimated profit for each project.

Project Expense ($1,000s) Management Scientists required Estimated Profit (1,000,000s) 1 50 6 0.30 2 105 8 0.85 3 56 9 0.20 4 45 3 0.15 5 90 7 0.50 6 80 5 0.45 7 78 8 0.55 8 60 5 0.40 Formulate the integer programming model for this problem and solve it using the computer.

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Texas Consolidated Electroale Company constraints Project objective Maximize Profits Estimated Prolt Expense (S1A00s) scientist required CIA00A00s) Project Selection Please include the following constraints in your solutions Notet project 5 project 2 Note: All projects must be integer (1 or 0)

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