Consider a capital budgeting problem with five projects. Let 1, if project i is untertaken otherwise...

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Consider a capital budgeting problem with five projects. Let 1, if project i is untertaken otherwise Define the following business constraints in terms of the decision variables. (a) Exactly one of project 3 and project 5 must be undertaken, but not both. (b) Of projects 1, 2, and 3, exactly two must be undertaken. (c) If projects 3 and 5 are undertaken, they must be undertaken simultaneously. (d) If project 2 is undertaken, then project 4 must also be undertaken; however, project 4 may be undertaken even if project 2 is not. X = i = 1,2,3,4,5. Consider a capital budgeting problem with five projects. Let 1, if project i is untertaken otherwise Define the following business constraints in terms of the decision variables. (a) Exactly one of project 3 and project 5 must be undertaken, but not both. (b) Of projects 1, 2, and 3, exactly two must be undertaken. (c) If projects 3 and 5 are undertaken, they must be undertaken simultaneously. (d) If project 2 is undertaken, then project 4 must also be undertaken; however, project 4 may be undertaken even if project 2 is not. X = i = 1,2,3,4,5.

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ANSWER Lets represent the decision variables for each project as follows X 1 if project 1 is underta... View the full answer