Option $2$: Developing a New Model

Choose a problem or define a problem and present a detailed description of it$.$ It can be a made$-$up problem.

Formulate a mathematical model to solve this specific problem.

Create a smaller$-$scale representation of the problem alongside its corresponding mathematical model using synthetic data.

Utilize Microsoft Excel to solve this model.

Report the optimal solution.

In both options, the project's deliverable should be a well$-$structured document that is written clearly and effectively communicates the essence of the problem and its associated mathematical model and solution.