All of the following are correct when a capital budgeting problem is solved using the 0-1 integer linear programming model, except: (choose one)

(a) Partial investment in a project is acceptable.
(b) The objective is to maximize the present worth of the investments.
(c) Budget constraints may be present for the first year only or for several years.
(d) Contingent and dependent project restric­tions may be considered.


(a) Partial investment in a project is acceptable.

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