Question

SHOW ALL WORK! Consider a capital budgeting example with five projects from which to select. Let...

SHOW ALL WORK!

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. Choose no fewer than four projects.
b. If project 2 is chosen, project 3 must be chosen.
c. If project 5 is chosen, project 4 must not be chosen.
d. Projects cost 130, 220, 150, 75, and 300 respectively. The budget is 475.
e. No more than two of projects 3, 4, and 5 can be chosen.

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