Question: ILP Modeling ( 2 0 marks ) A construction company has a limited budget of ( $ 1 2 , 0 0 0

ILP Modeling (20 marks)
A construction company has a limited budget of \(\$ 12,000,000\) and has access to 21 project managers to develop a number of construction projects. Each project has its own capital cost requirements, Net Present Value (NPV), and the number of project managers required (as shown in the table below). Projects 3 and 6 require a given piece of land that only one project can have access to (the land cannot be shared). In the same way, Projects 4 and 7 cannot share the land that each would need. Finally, due to political considerations, Project 5 will only be completed if and only if Project 2 is completed. The company would like to decide which project should be completed considering its resource limitations and political considerations. (DO NOT SOLVE THE MODEL
\begin{tabular}{|c|c|c|c|}
\hline Project & Project Managers Needed & Estimated Net Present Valus (1000\$) & Capital Cost (1000\$)\\
\hline 1 & 2 & 2400 & 1250\\
\hline 2 & 3 & 3200 & 2200\\
\hline 3 & 1 & 2200 & 1700\\
\hline 4 & 3 & 4000 & 2700\\
\hline 5 & 2 & 4500 & 2500\\
\hline 6 & 5 & 5000 & 3200\\
\hline 7 & 1 & 3100 & 1600\\
\hline
\end{tabular}
ILP Modeling ( 2 0 marks ) A construction company

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