Use the Table Below to Answer the Following Questions) by Invoking

question 14

Multiple Choice

Use the table below to answer the following questions) by invoking the binary constraints on the variables using the standard Solver.
Below is the spreadsheet for a project selection model: $\begin{array}{|l|l|l|l|l|l|l|l|}\hline & \text { A } & \mathrm{B} & \mathrm{C}&D&E&F&G \\\hline 1 & \begin{array}{l}\text { Project Selection } \\\text { Model }\end{array} & & \\\hline 2 & & & \\\hline 3 & \text { Data } & & \\\hline 4 & & & & && & \text { Available } \\& &\text { Project 1 } & \text { Project 2 } & \text { Project 3 } & \text { Project 4 } & \text { Project 5 } & \text { Resources } \\\hline &\text { Expected Return } & \$ 160,000 & \$ 200,000 & \$ 125,000 & \$ 150,000 & \$ 225,000 & \\5 &\text { NPV) } & \\\hline 6& \begin{array}{l}\text { Cash } \\\text { requirements }\end{array} & \$ 45,000 & \$ 70,000 & \$ 28,000 & \$ 52,000 & \$ 65,000 & \$ 175,000 \\\hline 7 & \text { Personnel } & & & & & & \\&\text { requirements } & 7 & 4 & 2 & 6 & 4 & 10\\\hline 8 & \\\hline 9 & \text { Model } \\\hline 10 & \\\hline & \text { Project selection } \\11 & \text { decisions } \\\hline 12 & \text { Cash Used } \\\hline 13 & \text { Personnel Used } \\\hline 14 & \text { Return } \\\hline\end{array}$
-What is the amount of cash used for Project 5?

• A) $ 65,000
• B) $ 117,000
• C) $ 13,000
• D) $ 110,000

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Definitions:

Duty

An obligation or responsibility to act in a certain way, often determined by moral or legal considerations.

Ethical Egoism

A moral philosophy arguing that individuals should act in their own self-interest and that this is the only moral duty.

Altruistic Explanations

Theories or reasons provided for actions taken for the benefit of others, often without personal gain and sometimes at a cost to oneself.

Stoicism

A classical Greek philosophical approach that emphasizes cultivating self-discipline and resilience to conquer harmful feelings.