A small manufacturing, which has limited access to capital, has a capital rationing constraint of $150 million

Question:

A small manufacturing, which has limited access to capital, has a constraint of $150 million and is faced with the following investment projects (numbers in millions):

a. Which of these projects would you accept? Why?
b. What is the cost of the capital rationing constraint?

Capital Rationing
Capital rationing is the act of placing restrictions on the amount of new investments or projects undertaken by a company. Capital rationing is the decision process used to select capital projects when there is a limited amount of funding available....