4. Consider a capital budgeting formulation where the binary variables x1 and x2 are used to represent
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4. Consider a capital budgeting formulation where the binary variables x1 and x2 are used to represent the acceptance (xi 5 1) or rejection (xi 5 0) of each alternative. The requirement that the null alternative is not feasible can be represented by which of the following?
a. x1 1 x2 ,5 1
c. x1 1 x2 .5 1
b. x2 ,5 x1
d. x1 ,5 x2
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Related Book For
Fundamentals Of Engineering Economic Analysis
ISBN: 9781118414705
1st Edition
Authors: John A. White, Kellie S. Grasman, Kenneth E. Case, Kim LaScola Needy, David B. Pratt
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