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Solve part b. There are conditions that limit the investment alternatives: - At least two of projects 1,3,5, and 6 must be undertaken. - If

Solve part b.image text in transcribed

There are conditions that limit the investment alternatives: - At least two of projects 1,3,5, and 6 must be undertaken. - If either project 3 or 5 is undertaken, they must both be undertaken. - Project 4 cannot be undertaken unless both projects 1 and 3 also are undertaken. The budget for this investment period is $220 million. your objective function in millions of dollars. Max18x1+8x2+16x3+17x4+23x5+12x6 s.t. constraintonprojects1,3,5,and6x1+x3+x5+x62 constraint on projects 3 and 5x3=x5 constraint on projects 1 and 4 constraint on projects 3 and 4x4x3 budget constraint (b) Solve the model formulated in part (a). What is the optimal net present value (in millions of dollars)? $ xmillion How much of the budget is unused (in millions of dollars)? $ million

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