Question: 3. Consider a capital budgeting formulation where the binary variables x1 and x2 are used to represent the acceptance (xi 5 1) or rejection (xi
3. Consider a capital budgeting formulation where the binary variables x1 and x2 are used to represent the acceptance (xi 5 1) or rejection (xi 5 0) of each alternative. The requirement that x2 is contingent upon x1 can be represented by which of the following?
a. x1 1 x2 ,5 1
c. x1 1 x2 .5 1
b. x2 ,5 x1
d. x1 ,5 x2
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