Question: In the CRT Technologies project selection example in this chapter, the problem indicates that surplus funds in any year are reappropriated and cannot be carried

In the CRT Technologies project selection example in this chapter, the problem indicates that surplus funds in any year are reappropriated and cannot be carried over to the next year. Suppose that this is no longer the case and surplus funds may be carried over to future years.

a. Modify the spreadsheet model given for this problem to reflect this change in assumptions.

b. What is the optimal solution to the revised problem?

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