Question: [ 3 5 pts . ] Four projects are available for investment. The projects require the cash flows and yield the net present values (
pts Four projects are available for investment. The projects require the cash flows and yield the net present values NPVin millions shown in the following table.
tabletableProjectidtableCash outflow at timeOmillion LiratableNPVmillion Lira
If million Lira is available for investment at time find the investment plan that maximizes NPV All investments are required to be or fractional investment values are not permitted
a Formulate the mathematical model. Write the decision variables, objective function and the constraints. pts
b Find the optimal solution by using Branch and Bound method Draw the branch and bound tree clearly. Left branches right branches pts
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