Question: 18) Consider a capital budgeting example with five projects from which to select. Let x1 = 1 if project a is selected, 0 if not,

18) Consider a capital budgeting example with five projects from which to select. Let x1 = 1 if project a is selected, 0 if not, for a = 1, 2, 3, 4, 5. Projects cost $100, $50, $150, $75, and $150, respectively. The budget is $450. Write the appropriate constraint for the following condition: a. Choose no fewer than 4 projects. b. Choose projects with respect to budget limit
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
