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Suppose that there are three green technologies you consider investing in and you want to select which green technologies to invest in . If you

Suppose that there are three green technologies you consider investing in and you want to select which green technologies to invest in. If you choose a technology to invest, there is a fixed payment you need to make. Each technology has a profit and environmental benefit. The table below gives the information about these projects.
Technology 1 Technology 2 Technology 3
Profit 105030
Environment Benefit 701020
Fixed Payment 304045
While selecting which technologies to invest, you want to maximize the total profit and maximize the total environmental benefit; but you have a limited budget of 100, so you cannot pay more than 100 in total fixed payments.
a) Mathematically formulate a multi-objective binary programming model for the above technology selection problem. To do so, clearly define the decision variables (for binary variables, define what 0 means and what 1 means), and then formulate the objective functions and the constraints using the decision variables.

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