The Texas Consolidated Electronics Company is contemplating a research and devel
ID: 3438590 • Letter: T
Question
The Texas Consolidated Electronics Company is contemplating a research and development program encompassing eight research projects. The company is constrained from embarking on all projects by the number of available management scientists (40) and the budget available for R&D projects ($300,000). Further, if project 2 is selected, project 5 must also be selected (but not vice versa). Following are the resources requirement and the estimated profit for each project.
Project
Expense
($1,000s)
Management Scientists required
Estimated Profit
(1,000,000s)
1
50
6
0.30
2
105
8
0.85
3
56
9
0.20
4
45
3
0.15
5
90
7
0.50
6
80
5
0.45
7
78
8
0.55
8
60
5
0.40
Project
Expense
($1,000s)
Management Scientists required
Estimated Profit
(1,000,000s)
1
50
6
0.30
2
105
8
0.85
3
56
9
0.20
4
45
3
0.15
5
90
7
0.50
6
80
5
0.45
7
78
8
0.55
8
60
5
0.40
Explanation / Answer
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what we have to do in this question is not mentioned.
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