A1

A3

A4

25

B2

33

Department

B17

2.3

1997

B18

10

6.1

1998

Research
Scientific Affairs

600
760

240
250

Field Development

340

250

Regulatory Affairs

292

220

1997

Research

266

Scientific Affairs

239

81

Field Development

239
145 125

Regulatory Affairs

11

96
5

42

81

56

Research

68

132

Scientific Affairs

68

56

Field Development

60

82

Regulatory Affairs

15

48

15
5

16

15
34

11

23

19

1998

A1
Project Yes/No
Total NPV

Research
Scientific Affairs
Field Development
Regulatory Affairs

A3

A4

B2

B17

34
1997
Expenses Incurred
91 <=
55 <=
57 <=
20 <=

Budget Allocated
600
760
340
292

0=

Condition for A projects w

Decision variables
Slack
Total
No of eqns
No of basic variables
Non - basic variables

12
8
20
12
8
12

B19

B21
3.5

D11
0.5

14

32

17
10
12

7
28

E
3.4

41

50

23

10

15

11

24

17

18

17

32

9.4

12
5

D12
8.4

50

75

32

11

12

18

24

B18

B19

B21

D11

D12

This is a non-linear programming problem. Hence in solver, add an constraint that decision
1998
Expenses Incurred
32 <=
5 <=
6 <=
3 <=

Budget Allocated
240
250
250
220

ondition for A projects where if one of the project is 1, include all else none
0
=
1
1

Those projects which are 1 are accepted

add an constraint that decisions vars are binary and assm GRG non-linear model

BudgetAllocated_1997
BudgetAllocated_1998
Exp_Incurred_1997
Exp_Incurred_1998
NPV
Project_Yes_No

=Sheet1!$D$32:$D$35
=Sheet1!$I$32:$I$35
=Sheet1!$B$32:$B$35
=Sheet1!$G$32:$G$35
=Sheet1!$A$3:$L$3
=Sheet1!$B$26:$M$26

Total_NPV

=Sheet1!$B$28

A1

A3

A4

25

B2

33

Department

B17

2.3

1997

B18

10

6.1

1998

Research
Scientific Affairs

600
760

240
250

Field Development

340

250

Regulatory Affairs

292

220

1997

Research

266

Scientific Affairs

239

81

Field Development

239
145 125

Regulatory Affairs

11

96
5

42

81

56

Research

68

132

Scientific Affairs

68

56

Field Development

60

82

Regulatory Affairs

15

48

15
5

16

15
34

11

23

19

1998

A1
Project Yes/No
Total NPV

Research
Scientific Affairs
Field Development
Regulatory Affairs

A3

A4

B2

B17

34
1997
Expenses Incurred
91 <=
55 <=
57 <=
20 <=

Budget Allocated
600
760
340
292

0=

Condition for A projects w

Decision variables
Slack
Total
No of eqns
No of basic variables
Non - basic variables

12
8
20
12
8
12

B19

B21
3.5

D11
0.5

14

32

17
10
12

7
28

E
3.4

41

50

23

10

15

11

24

17

18

17

32

9.4

12
5

D12
8.4

50

75

32

11

12

18

24

B18

B19

B21

D11

D12

This is a non-linear programming problem. Hence in solver, add an constraint that decision
1998
Expenses Incurred
32 <=
5 <=
6 <=
3 <=

Budget Allocated
240
250
250
220

ondition for A projects where if one of the project is 1, include all else none
0
=
1
1

Those projects which are 1 are accepted

add an constraint that decisions vars are binary and assm GRG non-linear model

BudgetAllocated_1997
BudgetAllocated_1998
Exp_Incurred_1997
Exp_Incurred_1998
NPV
Project_Yes_No

=Sheet1!$D$32:$D$35
=Sheet1!$I$32:$I$35
=Sheet1!$B$32:$B$35
=Sheet1!$G$32:$G$35
=Sheet1!$A$3:$L$3
=Sheet1!$B$26:$M$26

Total_NPV

=Sheet1!$B$28

A1

A3

A4

25

B2

33

Department

B17

2.3

1997

B18

10

6.1

1998

Research
Scientific Affairs

600
760

240
250

Field Development

340

250

Regulatory Affairs

292

220

1997

Research

266

Scientific Affairs

239

81

Field Development

239
145 125

Regulatory Affairs

11

96
5

42

81

56

Research

68

132

Scientific Affairs

68

56

Field Development

60

82

Regulatory Affairs

15

48

15
5

16

15
34

11

23

19

1998

A1
Project Yes/No
Total NPV

Research
Scientific Affairs
Field Development
Regulatory Affairs

A3

A4

B2

B17

92
1997
Expenses Incurred
596 <=
375 <=
327 <=
157 <=

Budget Allocated
600
760
340
292

Condition for A projects w

Decision variables
Slack
Total
No of eqns
No of basic variables
Non - basic variables

12
8
20
12
8
12

B19

B21
3.5

D11
0.5

14

32

17
10
12

7
28

E
3.4

41

50

23

10

15

11

24

17

18

17

32

9.4

12
5

D12
8.4

50

75

32

11

12

18

24

B18

B19

B21

D11

D12

This is a non-linear programming problem. Hence in solver, add an constraint that decision
1998
Expenses Incurred
232 <=
129 <=
148 <=
66 <=

Budget Allocated
240
250
250
220

ondition for A projects where if one of the project is 1, include all else none
2
=
0
1

Those projects which are 1 are accepted

add an constraint that decisions vars are binary and assm GRG non-linear model

BudgetAllocated_1997
BudgetAllocated_1998
Exp_Incurred_1997
Exp_Incurred_1998
NPV
Project_Yes_No

=Sheet1!$D$32:$D$35
=Sheet1!$I$32:$I$35
=Sheet1!$B$32:$B$35
=Sheet1!$G$32:$G$35
=Sheet1!$A$3:$L$3
=Sheet1!$B$26:$M$26

Total_NPV

=Sheet1!$B$28