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Consider a capital budgeting example with five projects from which to select. Let xi = 1 if project i is selected, 0 if not, for
Consider a capital budgeting example with five projects from which to select. Let xi = 1 if project i is selected, 0 if not, for i = 1,...,5.
Write the appropriate constraint(s) for each condition. Conditions are independent.
a. Projects cost 200, 400, 250, 75, and 300 respectively. The budget is 1100. b. Choose no more than three projects. c. If project 3 is chosen, project 2 must not be chosen. d. If project 2 is chosen, project 4 must be chosen. e. No fewer than two of projects 1, 2, and 3 must be chosen.
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