Solved

Use the Table Below to Answer the Following Questions) by Invoking

Question 15

Multiple Choice

Use the table below to answer the following questions) by invoking the binary constraints on the variables using the standard Solver.
Below is the spreadsheet for a project selection model:  A BCDEFG1 Project Selection  Model 23 Data 4 Available  Project 1  Project 2  Project 3  Project 4  Project 5  Resources  Expected Return $160,000$200,000$125,000$150,000$225,0005 NPV)  6 Cash  requirements $45,000$70,000$28,000$52,000$65,000$175,0007 Personnel  requirements 742641089 Model 10 Project selection 11 decisions 12 Cash Used 13 Personnel Used 14 Return \begin{array}{|l|l|l|l|l|l|l|l|}\hline & \text { A } & \mathrm{B} & \mathrm{C}&D&E&F&G \\\hline 1 & \begin{array}{l}\text { Project Selection } \\\text { Model }\end{array} & & \\\hline 2 & & & \\\hline 3 & \text { Data } & & \\\hline 4 & & & & && & \text { Available } \\& &\text { Project 1 } & \text { Project 2 } & \text { Project 3 } & \text { Project 4 } & \text { Project 5 } & \text { Resources } \\\hline &\text { Expected Return } & \$ 160,000 & \$ 200,000 & \$ 125,000 & \$ 150,000 & \$ 225,000 & \\5 &\text { NPV) } & \\\hline 6& \begin{array}{l}\text { Cash } \\\text { requirements }\end{array} & \$ 45,000 & \$ 70,000 & \$ 28,000 & \$ 52,000 & \$ 65,000 & \$ 175,000 \\\hline 7 & \text { Personnel } & & & & & & \\&\text { requirements } & 7 & 4 & 2 & 6 & 4 & 10\\\hline 8 & \\\hline 9 & \text { Model } \\\hline 10 & \\\hline & \text { Project selection } \\11 & \text { decisions } \\\hline 12 & \text { Cash Used } \\\hline 13 & \text { Personnel Used } \\\hline 14 & \text { Return } \\\hline\end{array}
-What is the amount of cash used for Project 2?


A) $ 105,000
B) $ 25,000
C) $ 115,000
D) $ 70,000

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