Write the appropriate constraint for the following condition: Choose no fewer than 3 projects

Consider a capital budgeting example with five projects from which to select. Let x1 = 1 if project a is selected, 0 if not, for a = 1, 2, 3, 4, 5. Projects cost $100, $200, $150, $75, and $300, respectively. The budget is $450.


Answer: x1 + x2 + x3 + x4 + x5 ≥ 3

Business

You might also like to view...

The ________ Clause prevents the government from enacting laws that either prohibit or inhibit individuals from participating in or practicing their chosen religions

A) Due Process B) Privileges C) Establishment D) Free Exercise

Business

Extension of Credit to InfoSearch You have received a request for credit from a company called InfoSearch for online databases available from your company. You are a vendor for information databases, and subscribers to your services may contract for

12-month access to this information. You offer various service packages that provide access to specific databases. InfoSearch wants the Standard Package which allows access to a selection of your company's available databases. The extension of credit will allow InfoSearch to order additional levels of service as needed and pay for them on a monthly basis. Required: Send a letter, stating that credit is granted, to Olena Androgenski at InfoSearch.

Business

Which of the following is one of Mintzberg’s critiques of the strategic planning perspective?

a. Qualification b. Quantification c. Inclusiveness d. Dogmatism

Business

Older, larger firms producing and selling various products base departmentalization on function.

Answer the following statement true (T) or false (F)

Business