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Which of these seven potential neighborhoods should Davis develop to maximize total profit without exceeding its $5,000,000 budget? Excel please 2. Davis Developers specializes in

image text in transcribed Which of these seven potential neighborhoods should Davis develop to maximize total profit without exceeding its $5,000,000 budget? Excel please

2. Davis Developers specializes in building moderately priced homes. Davis has identified 6 potential locations to develop new neighborhoods with single-family dwelings, but the company only has $5,000,000 available to invest in all new projects. Building costs per home differ at the proposed sites due to individual lot costs, site preparation and the style of home to be built. The table below gives the construction cost per home. the expected profit per home and the total number of homes that would need to be built at each potential location. Potential Neighborhood Cost/Home Profit/ Home Number of Homes Batchi Beach $150,000 $28.000 20 Casiano Cove $66,000 $17.000 24 Enrico Estates $120.000 $32,000 Gooch Gorge $85,000 $20,000 10 Koehnen Knoll $96.000 $24,000 14 Risso Riverbend $100,000 $25,000 15 Sheppard Shores $106.000 $26.000 Which of these seven potential neighborhoods should Davis develop to maximize total

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