Question: Problem 3: Please see the data in the Excel file. The work needs to be completed in Excel. Show all your work. Suppose you

Problem 3: Please see the data in the Excel file. The work needs to be completed in Excel. Show all your work. Suppose you are trying to maximize NPV (net present value). You have five (5) potential projects to choose from. There is a maximum amount available each year, at least three projects must be chosen, and if Project B is chosen then Project D must also be chosen. Develop a binary integer linear programming model that will decide which projects should be selected. Use Solver to solve.
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
