Question: Note: This problem requires the use of a linear programming application such as Solver or Analytic Solver. 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 programming application such as Solver or Analytic Solver. Your employer is trying to select from a list of possible capital projects. The projects, along with their cost and benefits, are listed below. The capital budget available is $1 million. In addition to spending constraints, your employer would like to select at least two projects. If project 1 is chosen then project 2 cannot be selected. Formulate the problem as a linear program and determine the optimal solution Project 1 2 Cost $250,000 $500,000 $290,000 $650,000 $750,000 Net Present Value $500,000 $750,000 $333,000 $400,000 $600,000 Notes Cannot be selected if 2 is selected Cannot be selected if 1 is selected Multiple Choice O Project 1 and project 2 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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