Use the data shown below to answer the following question(s).
Malone Inc.has identified five potential new processes; however,the firm is constrained by its available budget and human resources.Each process is expected to generate a return (given by the net present value)but requires a fixed amount of cash and personnel.Because the resources are limited,all processes cannot be selected.Processes cannot be partially completed; thus,either the process must be undertaken completely or not at all.The data are given in the table below.If a process is selected,it generates the full value of the expected return and requires the full amount of cash and personnel shown in the table.Define X i = 1 if process i is selected,and 0 otherwise.
-Using Solver,determine the total number of personnel used.
A)28
B)10
C)18
D)11

Question

Use the data shown below to answer the following question(s).
Malone Inc.has identified five potential new processes; however,the firm is constrained by its available budget and human resources.Each process is expected to generate a return (given by the net present value)but requires a fixed amount of cash and personnel.Because the resources are limited,all processes cannot be selected.Processes cannot be partially completed; thus,either the process must be undertaken completely or not at all.The data are given in the table below.If a process is selected,it generates the full value of the expected return and requires the full amount of cash and personnel shown in the table.Define X i = 1 if process i is selected,and 0 otherwise. 
-Using Solver,determine the total number of personnel used.
A)28 
B)10 
C)18 
D)11

Quizplus · Accepted Answer

The Answer of Use the data shown below to answer the following question(s).
Malone Inc.has identified five potential new processes; however,the firm is constrained by its available budget and human resources.Each process is expected to generate a return (given by the net present value)but requires a fixed amount of cash and personnel.Because the resources are limited,all processes cannot be selected.Processes cannot be partially completed; thus,either the process must be undertaken completely or not at all.The data are given in the table below.If a process is selected,it generates the full value of the expected return and requires the full amount of cash and personnel shown in the table.Define X i = 1 if process i is selected,and 0 otherwise. 
-Using Solver,determine the total number of personnel used.
A)28 
B)10 
C)18 
D)11

Use the Data Shown Below to Answer the Following Question(s)