Question: b. Implement your model in a spreadsheet and solve it. (15 points) c. What is the optimal solution/decision? (5 points) Problem 2 25 points total

b. Implement your model in a spreadsheet and
b. Implement your model in a spreadsheet and solve it. (15 points) c. What is the optimal solution/decision? (5 points) Problem 2 25 points total A company wants to determine the optimal replacement policy for its photocopier. The company does not keep photocopiers longer than 4 years. The company has estimated the annual costs for photocopiers during each of the 4 years and developed the following network representation of the problem. 10 2 Yr 23 50 000 YE1. 25.00 Y 25.00 28.00 VEE1000 VELLES 20 ne a. Formulate a network model for this problem. ( 10 points) b. Implement your model in a spreadsheet and solve it. (15 points) e. What is the optimal replacement policy? (5 points)

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