Question: An engineering firm would like to increase its return on five potential new engineering and development projects, as shown in the accompanying project information and
An engineering firm would like to increase its return on five potential new engineering and development projects, as shown in the accompanying project information and model, but the project manager knows that this will require more cash andor personnel. Conduct a whatif analysis of the optimal solution as the cash limitation varies from $ to $ in increments of $ and the personnel limitation varies from to Summarize the returns for these solutions in the form of a heat map. Identify the solutions that represent the lowest amount of resources required to achieve each distinct return value. Write a short memo to the project manager explaining the best options and tradeoffs that must be made to increase the returns.
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