Question: Problem #4. A car must be in service a minimum of 1 year and a maximum of 3 years. The following table provides the replacement

 Problem #4. A car must be in service a minimum of

Problem #4. A car must be in service a minimum of 1 year and a maximum of 3 years. The following table provides the replacement cost as a function of the year a car is acquired and the number of years in operation. Equipment acquired at start of year 1 2 Replacement cost (5) for given years in operation 2 3 4000 5400 9800 4300 6200 8700 4800 7100 4900 Formulate (linear programming) the problem as shortest path network. And use the POM software o determine the answers. Problem #4. A car must be in service a minimum of 1 year and a maximum of 3 years. The following table provides the replacement cost as a function of the year a car is acquired and the number of years in operation. Equipment acquired at start of year 1 2 Replacement cost (5) for given years in operation 2 3 4000 5400 9800 4300 6200 8700 4800 7100 4900 Formulate (linear programming) the problem as shortest path network. And use the POM software o determine the answers

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