Question: PLEASE FORMULATE AN ILP MODEL A certain manufacturing company has decided to expand by building a new factory in A or B. It is also

PLEASE FORMULATE AN ILP MODEL

A certain manufacturing company has decided to expand by building a new factory in A or B. It is also considering building a new warchouse in whichever city is selected for the new factory. The net present values of these alternatives, including construction costs, are shown below. The total capital available is P250 Million. (a) Formulate the ILP model for this problem. (b) An inspection of the information would reveal that this problem can be solved by common sense. What is the optimal solution

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