Question: No paperwork please. Only use excel with Lp solver and models step by step to understand how it will be done. 10. (10 points) Algoma

No paperwork please. Only use excel with Lp solver and models step by step to understand how it will be done.

10. (10 points) Algoma Engineering Company (AEC) is trying to decide which of 6 projects to perform during the next quarter. The net present value, the estimated cost, and the number of engineers and staff personnel required for each project are given in the following table. Project Net Present Cost ($1000's) Engineers Staff Required Value (S1000's) Required 100 35 2 2 145 65 200 95 11 2 250 180 4 2 500 250 16 695 475 19 11 AEC has a $550,000 budget and 30 engineers and 15 staff available. Required: Solve this LP model by using Excel and computer Which projects should AEC perform during the quarter

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