Question: Problem 1 ( Chapter 6 , exercise 1 6 - easy BP ) A developer of video game software has seven proposals for new games.
Problem Chapter exercise easy BP
A developer of video game software has seven proposals for new games. Unfortu
nately, the company cannot develop all the proposals because its budget for new pro
jects is limited to $ and it has only programmers to assign to new projects.
The financial requirements, returns, and the number of programmers required by
each project are summarized in the following table. Projects and require special
ized programming knowledge that only one of the programmers has. Both of these
projects cannot be selected because the programmer with the necessary skills can be
assigned to only one of the projects. Note: All dollar amounts represent thousands.
Formulate an optimization problem that maximizes the total estimated NPV subject to
constraints. Crate a spreadsheet model and solve the problem. Verify your solution with
Python. What is the optimal solution?
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