If you have a capital budgeting problem with 7 technical pro
If you have a capital budgeting problem with 7 technical projects, 3 cash balance constraints, and 2 technical resource constraints (e.g., equipment units, skilled personnel). How many possible combinations (feasible, non-feasible) of projects could there be? Would there be any advantage to formulating and solving an LP problem in this situation? Explain. For Problems 2 through 5, use the data for project cash flows in the table below. Outflows are negative, etc.
Solution
possible combinations of projects will be
2^(total available projects )-1
=2^12-1
= 4096-1
=4095
yes there would be an advantage in formulating and solving as a lp problem since it allows constraints
