Kloos Industries Has Projected the Availability of Capital Over Each

question 14

Essay

Kloos Industries has projected the availability of capital over each of the next three years to be $850,000, $1,000,000, and $1,200,000, respectively. It is considering four options for the disposition of the capital:
(1)
Research and development of a promising new product
(2)
Plant expansion
(3)
Modernization of its current facilities
(4)
Investment in a valuable piece of nearby real estate
​
Monies not invested in these projects in a given year will NOT be available for following year's investment in the projects. The expected benefits three years hence from each of the four projects and the yearly capital outlays of the four options are summarized in the table below in $1,000,000's.
In addition, Kloos has decided to undertake exactly two of the projects, and if plant expansion is selected, it will also modernize its current facilities. ​
Formulate and solve this problem as a binary programming problem.

Understand electrolytes and their properties in water.

Recognize the characteristics of acids and their effects in water.

Identify and describe various human tissues and their primary functions.

Understand the basic terminology used in medical language.

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Definitions:

Birth Canal

The passage comprising the cervix, vagina, and vulva through which a fetus passes during childbirth.

Uterus

A major female reproductive organ in many mammals, including humans, that hosts and nourishes the fertilized egg during pregnancy.

Neonates

Newborn babies, especially within the first month after birth.

Zygotes

The initial cell formed when a sperm cell fertilizes an egg cell, marking the beginning of human development.