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GGV Corp Is Considering the Expansion of Its Networking and Communication

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GGV Corp. is considering the expansion of its networking and communication equipment production. Four projects are being considered. Projects A and B are mutually exclusive, and Projects C and D are mutually exclusive. Project C cannot be selected unless Project A or B has been selected. Project D is an optional add- on of Project A. The company's board of directors has approved $2 million for this expansion. In addition, because of limited personnel, only 27,000 labor hours can be committed to the expansion. Formulate the resource allocation problem as a linear programming model. Use a MARR of 7.2% per year. GGV Corp. is considering the expansion of its networking and communication equipment production. Four projects are being considered. Projects A and B are mutually exclusive, and Projects C and D are mutually exclusive. Project C cannot be selected unless Project A or B has been selected. Project D is an optional add- on of Project A. The company's board of directors has approved $2 million for this expansion. In addition, because of limited personnel, only 27,000 labor hours can be committed to the expansion. Formulate the resource allocation problem as a linear programming model. Use a MARR of 7.2% per year.

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