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Question # 2 ( 2 0 p . ) : Consider a capital budgeting example with five projects from which to select. Let x i
Question # p : Consider a capital budgeting example with five projects from which to select. Let if project is selected, if not, for Projects cost :$ are and respectively. Suppose that the budget is Consider the following requirements: Choose at least projects, if project is chosen, project must not be chosen and if project is chosen, project must not be chosen. Estimated profit $ for each project are and respectively. Suppose that we want to maximize the profit. Based on the given information answer the following questions:
a Formulate the integer programming model.
b Introduce slacksurplusartificial variables and prepare LP model in a standard form.
c Use the standard form of LP given in part b to constract the initial simplex tableau and fill in all cell values. DO NOT SOLVE THE PROBLEM
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