Question: Refer to TMC s project selection problem presented in this chapter. In the solution shown in Figure 8 . 2 1 , notice that the

Refer to TMCs project selection problem presented in this chapter. In the solution shown in Figure 8.21, notice that the probability of success for project 4 is only 0.3488. Thus, project 4 is almost twice as likely to fail as succeed if it is assigned only three engineers. As a result, management might want to add a constraint to this problem to ensure that if a project is selected, it must have at least a 50% chance of succeeding. Reformulate TMCs problem so that if a project is selected, it must have at least a 50% chance of succeeding. Implement your model in a spreadsheet. What is the optimal solution? and do it inexcel

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