aton Medical Services is evaluating 10 independent indivisible projects, all with positive NPV. The company's capital budgeting for the year is limited to a maximum of $5,000,000. (A) Use solver to find the optimum combination of projects the company should accept, under the assumption that A and B are mutually exclusive and one of them has to be selected. (B) Ignore the constraint from previous part, assume that project “I” has to be accepted. Use solver to find optimum combination of projects the company should accept now. Please show all steps to compute in excel using solver to get to the right answers. Thank you in advance, will upvote! Project Cost NPV A 1,061,191 122,737 B 561,758 58,102 C 1,647,849 280,660 D 1,026,020 89,365 E 191,870 17,568 F 1,333,625 76,960 G 3,102,642 123,240 H 275,568 79,367 I 2,044,070 60,506 J 1,017,567 56,690

ENGR.ECONOMIC ANALYSIS
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Chapter1: Making Economics Decisions
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Eaton Medical Services is evaluating 10 independent indivisible projects, all with positive NPV. The company's capital budgeting for the year is limited to a maximum of $5,000,000.

(A) Use solver to find the optimum combination of projects the company should accept, under the assumption that A and B are mutually exclusive and one of them has to be selected.

(B) Ignore the constraint from previous part, assume that project “I” has to be accepted. Use solver to find optimum combination of projects the company should accept now.

Please show all steps to compute in excel using solver to get to the right answers. Thank you in advance, will upvote!

Project

Cost

NPV

A

1,061,191

122,737

B

561,758

58,102

C

1,647,849

280,660

D

1,026,020

89,365

E

191,870

17,568

F

1,333,625

76,960

G

3,102,642

123,240

H

275,568

79,367

I

2,044,070

60,506

J

1,017,567

56,690

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