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4. A corporation has K dollars available this year for investment in new proj- ects. Its planning department contains L individuals. For n = 1,

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4. A corporation has K dollars available this year for investment in new proj- ects. Its planning department contains L individuals. For n = 1, ...,N, new project n requires an investment of c, dollars, and d, planners are needed to undertake it. If project n is undertaken, the income it will earn in future years is equivalent to P. dollars. Formulate the problem of computing the set of projects that should be undertaken for solution by dynamic program- ming. 4. A corporation has K dollars available this year for investment in new proj- ects. Its planning department contains L individuals. For n = 1, ...,N, new project n requires an investment of c, dollars, and d, planners are needed to undertake it. If project n is undertaken, the income it will earn in future years is equivalent to P. dollars. Formulate the problem of computing the set of projects that should be undertaken for solution by dynamic program- ming

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