Riker Cois Considering Which of 4 Different Projects to Undertake in in Order

question 16

Multiple Choice

Riker Co.is considering which of 4 different projects to undertake in order to maximize its net present value (NPV) .Define Xi as a binary variable that equals 1 if project i is undertaken and 0 otherwise,for i = 1,2,3,4.The NPV and required capital (in millions) for each project are listed below.
What is the proper objective function?

• A)Max X1 + X2 + X3 + X4
• B)Min 60X1 + 50X2 + 40X3 + 20X4
• C)Max 60X1 + 50X2 + 40X3 + 20X4
• D)Max 7X1 + 10X2 + 6X3 + 3X4
• E)Max 170(X1 + X2 + X3 + X4)

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Definitions:

Motivational Practice

Techniques or strategies designed to stimulate interest or enthusiasm towards achieving a goal.

Variety Of Motivators

Refers to the different factors that can encourage individuals to achieve certain goals or undertake specific actions.

Motivational Systems

Processes or procedures designed to stimulate interest or engagement in activities, typically with the aim of achieving goals or improving performance.

Potential Problems

Challenges or issues that could arise in the future, affecting the desired outcomes.