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

question 18

Multiple Choice

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

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Definitions:

Demographic Change

The alteration over time in the statistical characteristics of populations, including age, gender, and ethnicity distributions.

Older Workers

Individuals in the workforce who are typically considered to be near or beyond the traditional age of retirement, often valued for their experience and expertise.

Global Economy

The global economy encompasses the interconnected economies of all the world's nations, representing the large-scale exchange of goods, services, and currencies across international borders.

Demographics

Statistical data relating to the population and particular groups within it, often used for market research, policy making, and social studies.