Question: Formulate the optimal budgetary model for the following data and four considerations: i) Projects 1 and 3 must be undertaken together, if at all. ii)

Formulate the optimal budgetary model for the

Formulate the optimal budgetary model for the following data and four considerations: i) Projects 1 and 3 must be undertaken together, if at all. ii) At most four projects may be undertaken. iii) Projects 4 and 5 are mutually exclusive. iv) Project 4 cannot be undertaken unless project 2 is undertaken

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