Question: Saved B Your employer is trying to select from a list of possible capital projects. The projects, along with their cost and benefits, are listed

Saved B Your employer is trying to select from a list of possible capital projects. The projects, along with their cost and benefits, are listed below. The capital budget available is $1 million. In addition to spending constraints, your employer would like to select at least 3 projects Projects 2 and 4 cannot both be selected together. Formulate the problem as a linear program and determine the optimal solution Project 1 2 3 4 Cost $240,000 $280,000 $245,000 $245,000 $200,000 Net Present Value $550,000 $740,000 $570,000 $500.000 $460,000 01100B 5 Which projects should be selected? Pro Project 2 will Project 3 wi Project will Project 5 will What is the total net present value of these projects? Total nel presenta

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