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Binary integer programming model (capital budgeting)

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A. Define the decision variables for this formulation.

b. Show the binary integer programming formulation including the objective function and all relevant constraints.

c. Solve the problem as a binary integer programming model on a spreadsheet, or in LINDO.

d. Interpret this solution to management in its language.

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Solution Summary

The expert examines binary integer programming models for capital budgeting.

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