Question: Consider a capital budgeting example with five projects from which to select. Let x i = 1 if project i is selected, 0 if not,
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.
Match the correct response to each question.
| a. | Choose no fewer than two projects. |
| b. | If project 3 is chosen, project 1 must be chosen. |
| c. | Projects cost 100, 180, 150, 75, and 300, respectively. The budget is 550. |
| d. | No more than two of projects 1, 3, and 5 can be chosen. |
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