Question: Multiple Choice 310 235 435 220 210 Note: This problem requires the use of a linear programming application such as Solver or Analytic Solver. A


Multiple Choice 310 235 435 220 210 Note: This problem requires the use of a linear programming application such as Solver or Analytic Solver. A firm has prepared the following binary integer program to evaluate a number of potential new capital projects. The firm's goal is to maximize the net present value of their decision while not spending more than their currently available capital. Max100x1+120x2+90x3+135x4s.t.150x1+200x2+225x3+175x4500{Constraint1}x1+x2+x3+x42{Constraint2}x2+x41{Constraint3}x2+x31{Constraint4}x1=x4{Constraint5}xj={1,ifprojectjisselected0,otherwise Set up the problem in Excel and find the optimal solution. What is the expected net present value of the optimal solution
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