Consider the following binary linear programming formulation of a capital budgeting problem. [begin{array}{ll}text { Max } &

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Consider the following binary linear programming formulation of a capital budgeting problem.

\[\begin{array}{ll}\text { Max } & 1,200 x_{1}+600 x_{2}+950 x_{3}+1,650 x_{4} \\\text { s.t. } & 15,000 x_{1}+20,000 x_{2}+25,000 x_{3} \\& +30,000 x_{4}<=70,000 \\& x_{1}+x_{2}<=1 \\& x_{4}<=x_{3} \\& x_{1}, x_{2}, x_{3}, x_{4}=(0,1)\end{array}\]

Projects $x_{3}$ and $x_{4}$ are

a. mutually exclusive.

b. related, where $x_{3}$ is contingent on $x_{4}$.

c. related, where $x_{4}$ is contingent on $x_{3}$.

d. not related.

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Principles Of Engineering Economic Analysis

ISBN: 9781118163832

6th Edition

Authors: John A. White, Kenneth E. Case, David B. Pratt

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Question Posted: Apr 02, 2024 03:55 AM

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Consider the following binary linear programming formulation of a capital budgeting problem. [begin{array}{ll}text { Max } &

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Principles Of Engineering Economic Analysis

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