Project Resource Requirements ($k) A1 A3 A4 B2

Research 1997 266 239 11 96

1998 68 132 2 0
Scientific Affairs 1997 81 239 5 5
1998 68 56 5 0
Field Development 1997 145 125 42 16
1998 60 82 23 0
Regulatory Affairs 1997 81 56 11 2
1998 15 48 19 0

Decisions 1 1 1 1
Total NPV 117.6

A1 A3 A4 B2
NPV 25 33 2.3 5

Budget

1997
Research 600
Scientific Affairs 760
Field Development 340
Regulatory Affairs 292
B17 B18 B19 B21 D11 D12 E F
15 14 32 12 41 50 6 24 806 600
0 0 32 4 50 75 0 0 363 240
15 17 5 7 23 10 17 1 425 760
0 0 5 9 32 11 0 0 186 250
34 7 10 28 15 18 5 1 446 340
0 0 6 4 12 18 0 0 205 250
3 12 3 17 3 1 1 1 191 292
0 0 3 24 6 4 0 0 119 220

1 1 1 1 1 1 1 1

B17 B18 B19 B21 D11 D12 E F

10 6.1 3.5 0.5 8.4 9.4 3.4 11

1998
240
250
250
220
-206
-123
335
64
-106
45
101
101
211
Microsoft Excel 16.12 Answer Report
Worksheet: [AgroEvo data (1).xlsx]Sheet1 (2)
Report Created: 5/16/18 12:25:51 PM
Result: Solver found a solution. All constraints and optimality conditions are satisfied.
Solver Engine
Solver Options

Objective Cell (Max)

Cell Name Original Value Final Value
$E$15 Total NPV A1 83.2 312.8599083

Variable Cells
Cell Name Original Value Final Value Integer
$E$14:$P$14

Constraints
Cell Name Cell Value Formula Status Slack
$Q$5:$Q$12 <= $R$5:$R$12
Project Resource Requirements ($k) A1 A3 A4 B2
Research 1997 266 239 11 96
1998 68 132 2 0
Scientific Affairs 1997 81 239 5 5
1998 68 56 5 0
Field Development 1997 145 125 42 16
1998 60 82 23 0
Regulatory Affairs 1997 81 56 11 2
1998 15 48 19 0

Decisions 0 0 0 0
Total NPV 312.8599

A1 A3 A4 B2
NPV 25 33 2.3 5

Budget

1997
Research 600
Scientific Affairs 760
Field Development 340
Regulatory Affairs 292
 B17 B18 B19 B21 D11 D12 E F
15 14 32 12 41 50 6 24 600 600
0 0 32 4 50 75 0 0 0 240
15 17 5 7 23 10 17 1 760 760
0 0 5 9 32 11 0 0 0 250
34 7 10 28 15 18 5 1 340 340
0 0 6 4 12 18 0 0 0 250
3 12 3 17 3 1 1 1 64.20785 292
0 0 3 24 6 4 0 0 0 220

3.63729 0 0 0 0 0 40.75904 12.53693

B17 B18 B19 B21 D11 D12 E F

10 6.1 3.5 0.5 8.4 9.4 3.4 11

1998
240
250
250
220
 0
240
0
250
0
250
227.7922
220
1187.792
Project Resource Requirements ($k) A1 A3 A4 B2
Research 1997 266 239 11 96
1998 68 132 2 0
Scientific Affairs 1997 81 239 5 5
1998 68 56 5 0
Field Development 1997 145 125 42 16
1998 60 82 23 0
Regulatory Affairs 1997 81 56 11 2
1998 15 48 19 0

Decisions 0.834256 1 0.63531 0.334371

Total NPV 95.88946

A1 A3 A4 B2
NPV 25 33 2.3 5

Budget

1997
Research 600
Scientific Affairs 760
Field Development 340
Regulatory Affairs 292
 B17 B18 B19 B21 D11 D12 E F
15 14 32 12 41 50 6 24 600 600
0 0 32 4 50 75 0 0 240 240
15 17 5 7 23 10 17 1 384.4231 760
0 0 5 9 32 11 0 0 147.9059 250
34 7 10 28 15 18 5 1 340 340
0 0 6 4 12 18 0 0 158.6675 250
3 12 3 17 3 1 1 1 151.2319 292
0 0 3 24 6 4 0 0 78.58472 220

1 1 0 0 1 0 1 1

B17 B18 B19 B21 D11 D12 E F

10 6.1 3.5 0.5 8.4 9.4 3.4 11

1998
240
250
250
220
 0
0
375.5769
102.0941
0
91.33254
140.7681
141.4153
851.1869
Project Resource Requirements ($k) A1 A3 A4 B2
Research 1997 266 239 11 96
1998 68 132 2 0
Scientific Affairs 1997 81 239 5 5
1998 68 56 5 0
Field Development 1997 145 125 42 16
1998 60 82 23 0
Regulatory Affairs 1997 81 56 11 2
1998 15 48 19 0

Decisions 1 1 0 0
Total NPV 92

A1 A3 A4 B2
NPV 25 33 2.3 5

Budget

1997
Research 600
Scientific Affairs 760
Field Development 340
Regulatory Affairs 292
 B17 B18 B19 B21 D11 D12 E F
15 14 32 12 41 50 6 24 596 600
0 0 32 4 50 75 0 0 232 240
15 17 5 7 23 10 17 1 375 760
0 0 5 9 32 11 0 0 129 250
34 7 10 28 15 18 5 1 327 340
0 0 6 4 12 18 0 0 148 250
3 12 3 17 3 1 1 1 157 292
0 0 3 24 6 4 0 0 66 220

1 1 1 0 0 0 1 1

B17 B18 B19 B21 D11 D12 E F

10 6.1 3.5 0.5 8.4 9.4 3.4 11

1998
240
250
250
220
 4
8
385
121
13
102
135
154
922
Project Resource Requirements ($k) A1 A3 A4 B2 B17 B18 B19
Research 1997 266 239 11 96 15 14 32
1998 68 132 2 0 0 0 32
Scientific Affairs 1997 81 239 5 5 15 17 5
1998 68 56 5 0 0 0 5
Field Development 1997 145 125 42 16 34 7 10
1998 60 82 23 0 0 0 6
Regulatory Affairs 1997 81 56 11 2 3 12 3
1998 15 48 19 0 0 0 3

Decisions 1 1 1 1 1 1 1
Total NPV 117.6

A1 A3 A4 B2 B17 B18 B19

NPV 25 33 2.3 5 10 6.1 3.5

Budget

1997 1998
Research 600 240
Scientific Affairs 760 250
Field Development 340 250
Regulatory Affairs 292 220
1992 960
 B21 D11 D12 E F cost budget Dif
12 41 50 6 24 806 600 -206
4 50 75 0 0 363 240 -123
7 23 10 17 1 425 760 335
9 32 11 0 0 186 250 64
28 15 18 5 1 446 340 -106
4 12 18 0 0 205 250 45
17 3 1 1 1 191 292 101
24 6 4 0 0 119 220 101
Dif. Sum 211
1 1 1 1 1

B21 D11 D12 E F

0.5 8.4 9.4 3.4 11

1997 1998
=O5+O7+O9+O11 1868 873 =O6+O8+O10+O12
=F30 1992 960 =G30