Question: 3. Consider a capital budgeting example with five projects from which to select. Let Xi = 1 if project i is selected, 0 if not,

3. Consider a capital budgeting example with five projects from which to select. Let Xi = 1 if project i is selected, 0 if not, for i = 1, 2, 3, 4, 5. Write the appropriate constraint(s) for each of the following conditions. Conditions are independent of one another.

(a) Select at least four projects.

(b) If project 2 is selected, then project 3 must also be selected.

(d) No more than three of the five projects can be selected.

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