Question: LP Formulation Examples: A Capital Budgeting Problem Star Oil Company is considering 5 investment opportunities below. Can invest $ 4 0 M now ( time

LP Formulation Examples: A Capital Budgeting Problem
Star Oil Company is considering 5 investment opportunities below.
Can invest $40M now (time 0) and $20M next year (time 1).
Can invest partially in each project and get proportional returns.
Cannot invest in any project more than the amount indicated.
\table[[,Investment ($M)],[,1,2,3,4,5],[Time 0 Cash Outflow,11,53,5,5,29],[Time 1 Cash Outflow,3,6,5,1,34],[NPV,13,16,16,14,39]]
How should the company invest to maximize NPV?
 LP Formulation Examples: A Capital Budgeting Problem Star Oil Company is

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