subject
Business, 10.06.2021 20:00 Queenashley3232

The Texas Electronics Company (TEC) is contemplating a research and development program encompassing eight major projects. The company is constrained from embarking on all projects by the number of available scientists, which is 40, and the budget constraint, which is $300,000. Following are resource requirements and the estimated profits for each project: Project Expense($000) Scientists Required Profit ($000)
1 60 7 36
2 110 9 82
3 53 6 29
4 147 4 16
5 192 7 56
6 185 6 61
7 173 8 48
8 165 5 41
Formulate this problem using integer programming.
Solve it using excel. (Hint: in excel, assign integer constraint to decision variables by selecting "int" when selecting integer constraints)
What is the maximal profit? Which projects should be selected?
Suppose the management team decides that project 2 and project 5 are mutually exclusive, what it the revised formula? What is the revised maximal profit? What is the revised projected selected?
Suppose the management team also decides to undertake at least two of the projects involving consumers products (these happens to be projects 5-8). Then what is the revised formula? What is the revised maximal profit? What is the revised projected selected?

ansver
Answers: 2

Another question on Business

question
Business, 22.06.2019 10:00
Marco works in the marketing department of a luxury fashion brand. he is making a presentation on the success of a recent marketing campaign that included a fashion show. which slide elements can he use to include photographs and footage of the fashion show in his presentation? marco can use the: table images audio option to include photographs and the: flowcharts images video option to include footage of the fashion show.
Answers: 1
question
Business, 22.06.2019 11:20
Aborrower takes out a 30-year adjustable rate mortgage loan for $200,000 with monthly payments. the first two years of the loan have a "teaser" rate of 4%, after that, the rate can reset with a 5% annual payment cap. on the reset date, the composite rate is 6%. what would the year 3 monthly payment be?
Answers: 3
question
Business, 22.06.2019 11:50
The following are the current month's balances for abc financial services, inc. before preparing the trial balance. accounts payable $ 10,000 revenue 6,000 cash 3,000 expenses 17,500 furniture 10,000 accounts receivable 14,000 common stock ? notes payable 6,500 what amount should be shown for common stock on the trial balance? a. $48.000b. $12.500c. $27.000d. $28.000
Answers: 3
question
Business, 22.06.2019 21:10
You own a nonunion company with 93 nonexempt employees. all of these employ- ees pack books into boxes for shipment to customers throughout the united states. because of wide differences in performance, you have decided to try performance appraisal, something never done before. until now, you have given every worker the same size increase. now you want to measure performance and reward the best performers with bigger increases. without any further information, which of the five types of appraisal formats do you think would be most appropriate? justify your answer. do you anticipate any complaints, or other comments, from employees after you implement your new system?
Answers: 1
You know the right answer?
The Texas Electronics Company (TEC) is contemplating a research and development program encompassing...
Questions
question
Mathematics, 14.12.2020 20:20
question
Computers and Technology, 14.12.2020 20:20
question
English, 14.12.2020 20:20
question
Advanced Placement (AP), 14.12.2020 20:20
Questions on the website: 13722362