Question: Consider the modified exercise model below. Your goal is to choose the optimal mix of projects within the following assumptions: If projects # 2 and

Consider the modified exercise model below. Your goal is to choose the optimal mix of projects within the following assumptions:
If projects #2 and #4 are both chosen, then an additional 2 people must be used.
12 people are available
Projects #1 and #3 are mutually exclusive.
$2,000 is available in Time 0.
A) Considering the assumptions, what formula needs to go in cell B15?
B) Considering the assumptions, what formula needs to go in cell C15?
C) Considering the assumptions, what formula needs to go in cell B17?
D) In solving this problem you
Maximize cell:
By changing cells:
Subject to the following constraints:
 Consider the modified exercise model below. Your goal is to choose

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