Question: 1 ( Project selection problem ) : A company wants to invest on some of projects. ( Either the entire project is selected or not

1(Project selection problem): A company wants to invest on some of
projects. (Either the entire project is selected or not at all.) Each of the six projects
has a cost and yields a revenue as shown below.
Project Cost (in $million) Revenue (in $million)
1 $10 $12
2 $40 $50
3 $55 $56
4 $60 $75
5 $15 $18
6 $30 $33
The company has a total budget $150(in $million) that cannot be exceeded. The goal is to invest
the capital in such a way that it maximizes the total revenue. Formulate this situation as a zeroone integer program and find the optimal solution. (4 points)
(a) What is the maximum revenue that can be obtained?

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