Three alternatives are being considered for an engineering project. Their cash-flow estimates are shown in the accompanying

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Three alternatives are being considered for an engineering project. Their cash-flow estimates are shown in the accompanying table. A and B are mutually exclusive, and C is an optional add-on feature to alternative A. Investment funds are limited to $5,000,000. Another constraint on this project is the engineering personnel needed to design and implement the solution. No more than 10,000 person-hours of engineering time can be committed to the project. Set up a linear integer programming formulation of this resource allocation problem.

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Engineering Economy

ISBN: 978-0132554909

15th edition

Authors: William G. Sullivan, Elin M. Wicks, C. Patrick Koelling

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