Question: Consider a capital budgeting example with five projects from which to select. Let xi = 1 if project i is selected, 0 if not, for
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,...,5.
Write the appropriate constraint(s) for each condition. Conditions are independent.
a. Choose no fewer than three projects. b. If project 2 is chosen, project 5 must be chosen. c. If project 1 is chosen, project 3 must not be chosen. d. Projects cost 100, 200, 150, 75, and 300 respectively. The budget is 525. e. No more than two of projects 1, 3, and 5 can be chosen
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