1.A real estate development company, Peterson and Johnson, is considering fi ve possible development projects. The following table shows the estimated lon g-run profit (per preset value) that each project would generate, as well as the a mount of investment required to undertake the project, in units of millions of d ollars. The owners of this company have raised $30 million of investment capital for these projects. Now the company wants to select the combination of projects t hat will maximize their total estimated long-run profits (net present value) with out investing more than $30 million. Please formulate a BIP model for this pro blem. Development project 1 2 4 5 Estimated profit 2 7 3 4.5 Capital required 4 12 8.

I need decision tree for Case II

A franchise operation that sells frozen custardintends to open one or more new stores in amedium-sized metropolitan area. Three sitesare under consideration. Each site hassomewhat different projected profitcontribution and different supervisionrequirements. The first site has an estimateddaily profit of $200 and a weekly supervisionrequirement of 48 hours; the second site has aprojected profit of $100 per day and a weeklysupervision requirement of 30 hours; and thethird site has an estimated daily profit of $150and a weekly supervision requirement of 20hours. The firm will have 65 hours available forper week for supervision.Use Excel to determine which site or sitesshould be selected in order to obtain thehighest projected daily profit?