Question: Problem 3 : A company is considering 5 projects. Each approved project will be completed over a 3 - year period. Annual expenses and the
Problem : A company is considering projects. Each approved project will be completed over a
year period. Annual expenses and the final return for each project is shown below in thousand dollars:
The company must choose the projects with the aim of maximizing total yields. In addition, the following
information is available:
Projects and cannot be approved together.
If neither Project or is selected, Projects and must be selected.
The company's available annual capital is $ but it must reduce its expenditure by $ in
one of the years ie can spend up to $ in that year and that particular year must be
also selected to maximize profits.
What projects must be selected and in which year $ must be saved?
Complete in matlab or excel
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