(a) What is a capital budgeting integer programming problem? Briefly describe the typical objective function and constraints present in a capital budgeting problem. Give a real world example of a capital budgeting problem.

(b) Briefly describe different elements of queuing analysis. Give a real world example and identify the different elements in your example.

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Q1 What is a capital budgeting integer programming problem A capital budgeting integer programming problem is a problem in which a company must decide ... View the full answer