BeFair Corporation has $30 million to allocate to the various projects of it's three* subsidiaries for the next year . Be Fair has established that...
Help me with this management science question please.
5 . BeFair Corporation has $30 million to allocate to the various projects of it's three*subsidiaries for the next year . Be Fair has established that at least one project fromeach subsidiary must be funded .The profit ( return - investment ) at the end of the year and the required investmentsare given in the table below for each project , where projects 1 to 3 belong to sub-sidiary 1 , projects 4 to 6 belong to subsidiary 2, and the rest belong to subsidiary 3.PROJECTPROFIT IININVESTMENTMILLION SI|IN MILLIONS)10. 50221. 40531. 701241 . 10254. 00150. 60372.501081 . 101BeFair wants to decide which projects to fund so that the total profit will be max -imized . Formulate this problem in the space provided on the answer sheet .2 . Clearly define the decision variables you would use to solve this problem .
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