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Your employer is trying to select from a list of possible capital projects. The projects, along with their cost and benefits, are listed below. The
Your employer is trying to select from a list of possible capital projects. The projects, along with their cost and benefits, are listed below. The capital budget available is $1 million. In addition to spending constraints, your employer would like to select at least 2 projects Projects 3 and 4 cannot both be selected together. Formulate the problem as a linear program and determine the optimal solution Project 1 2 3 4 5 Cost $280,000 $235.000 $285.000 3200,000 $205,000 Net Present Value $680.000 $720.000 $570.000 3410.000 $550.000 Which projects should be selected? Project 1 will Project 2 will Project 3 will Project 4 will Project 5 will
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