Question: Suppose that we have five items to select, each item has a cost and ahialue. The total budget is 80 . We need to select

Suppose that we have five items to select, each
Suppose that we have five items to select, each
Suppose that we have five items to select, each item has a cost and ahialue. The total budget is 80 . We need to select items to maximize the total value within the budget. Decision Variables: X={1,ifitemjisselected0,otherwise Solve the Knapsack problem given in Question 9 using Excel Solver. What is the optimal solution and what is the objective function value? Items 1,2 and 3 are selected. Total value =145. Items 2 and 5 are selected. Total value =105 Only Item 5 is selected. Total value =50. Items 1 and 5 are selected. Total value =120

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