Question: Please answer both questions and show work in Excel. Images of the Excel and Formulas is fine Trinity Amusement Corporation is considering investing $160 million

 Please answer both questions and show work in Excel. Images of

Please answer both questions and show work in Excel. Images of the Excel and Formulas is fine

Trinity Amusement Corporation is considering investing $160 million for capital projects this year. The managers have examined various possibilities and have proposed five projects to consider. The projects cover a variety of activities, as listed below: P1: Implement a new ride application system. P2: License a new technology from another firm. P3: Build a state-of-the-art hydration facility. P4: Install automated ticket processing machines. P5: Outsource security team members. There is just one project of each type. Each project has an estimated net present value (NPV) and each requires a capital expenditure, which must come out of the allocated budget. The following table summarizes the possibilities, with all figures in millions of dollars: P5 P1 10 48 NPV Expenditure Projects P3 16 80 P2 17 96 P4 8 32 14 64 The committee would like to maximize the total NPV from projects selected, subject to the budget limit of $160 million. a) (20 pts) Determine which projects should be selected to maximize the total NPV. b) (10 pts) If at most one of Project 3 and Project 4 can be selected AND Project 4 requires Project 5, how does your solution from part a change? Please interpret the impact of these changes on your solution

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