Angel Consulting is considering 8 projects. Each project has a cost and an associated return. The budget at Angel is $580. Angel would like to choose the set of projects that maximize the total project return. This data below is provided in the workbook that accompanies this quiz. Project 1 2 3 4 5 6 7 8 Cost $130 $100 $165 $180 $225 $190 $140 $185 Return $205 $225 $350 $285 $400 $325 $265 $375 Which of the following are true for Angel Consulting's project choice problem? O When executing the Greedy Solution Heuristic for this problem, the first project selected is project 5. O When executing the Greedy Solution Heuristic for this problem, the second project selected is project 3. O Exactly two answers are correct. O The Greedy Solution Heuristic completely ignores the project costs and only looks at the project returns. O The solution found using the Greedy Solution Heuristic for this problem will have 3 projects.

COMPREHENSIVE MICROSOFT OFFICE 365 EXCE
1st Edition
ISBN:9780357392676
Author:FREUND, Steven
Publisher:FREUND, Steven
Chapter9: Formula Auditing, Data Validation, And Complex Problem Solving
Section: Chapter Questions
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Angel Consulting is considering 8 projects. Each project has a cost and an associated return.
The budget at Angel is $580. Angel would like to choose the set of projects that maximize the
total project return. This data below is provided in the workbook that accompanies this quiz.
Project
1
2
3
4
5
6
7
8
Cost
$130
$100
$165
$180
$225
$190
$140
$185
Return
$205
$225
$350
$285
$400
$325
$265
$375
Which of the following are true for Angel Consulting's project choice problem?
O When executing the Greedy Solution Heuristic for this problem, the first project selected is project 5.
O When executing the Greedy Solution Heuristic for this problem, the second project selected is project
3.
O Exactly two answers are correct.
O The Greedy Solution Heuristic completely ignores the project costs and only looks at the project
returns.
O The solution found using the Greedy Solution Heuristic for this problem will have 3 projects.
Transcribed Image Text:Angel Consulting is considering 8 projects. Each project has a cost and an associated return. The budget at Angel is $580. Angel would like to choose the set of projects that maximize the total project return. This data below is provided in the workbook that accompanies this quiz. Project 1 2 3 4 5 6 7 8 Cost $130 $100 $165 $180 $225 $190 $140 $185 Return $205 $225 $350 $285 $400 $325 $265 $375 Which of the following are true for Angel Consulting's project choice problem? O When executing the Greedy Solution Heuristic for this problem, the first project selected is project 5. O When executing the Greedy Solution Heuristic for this problem, the second project selected is project 3. O Exactly two answers are correct. O The Greedy Solution Heuristic completely ignores the project costs and only looks at the project returns. O The solution found using the Greedy Solution Heuristic for this problem will have 3 projects.
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