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A project manager is considering a portfolio of 5 ?project investments. The estimated profit for investment opportunity j = 1 , 2 , dots, 5
A project manager is considering a portfolio of ?project investments. The estimated profit
for investment opportunity dots, ?is $$$$ ?and $ ?respectively.
Moreover, the estimated capital required for the projects is $$$$ ?and $
respectively.
The total amount of capital available for these investments is $
Investment opportunities ?and ?are mutually exclusive if project ?is funded,
then project ?must not be funded
Project ?cannot be undertaken unless either ?or ?is undertaken.
At least two and at most four investment opportunities have to be undertaken.
If project ?is funded, then project ?must be funded.
If project ?is funded, then projects ?and ?must not be funded.
Formulate this problem using an integer programming model.
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