Question: Note This problem requires the use of a linear programining application such as Solver or Analyse So Your employer is trying to select from a

Note This problem requires the use of a linear
Note This problem requires the use of a linear
Note This problem requires the use of a linear programining application such as Solver or Analyse So Your employer is trying to select from a list of possible capital projects. The projects, along with their cost and benefits are isted below The capital budget available is $1 million in addition to spending constrant your employer would like to select at least two projects of project is chosen then peoject 2 cannot be selected Formulate the problem as a linear program and determine the optimal solution Project Cost Notes Net Present Value $500,000 1 $250,000 Cannot be selected it 2 is selected Carnot be selected if is selected 2 $500,000 3 $290,000 $750,000 $333,000 4 $450,000 $400,000 5 $750,000 $600,000 Multiple Choice Project 1 and project 2 Project 1 and project 3 Project 1 and project 5 Project 2 and project 3 Project 3 and project 5

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