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Unformatted text preview: portfolios are not feasible: (1,2,3,4), (1,2,3,5), (1,2,4,5), (1,3,4,5), (2,3,4,5) and (1,2,3,4,5). d) The solution to part a) will be reduced by 8. Solution to part b) will also be reduced by 8. Solution to part c) will be reduced by 7. e) With a budget of 7 billion yen, at most 2 projects can be selected. Hence, Japan 2 and Philippines results in the highest PW. f) In this case, Japan 2 and Thailand results in the highest PW. g) The solutions are as before. h) Integer programming formulation Max 8433.26x 1 + 11788.77x 2 + 3214.75x 3 + 6219.45x 4 + 3649.81x 5 s.t. 3031x 1 + 3154x 2 + 2692x 3 + 3152x 4 + 3128x 5 ≤ budget x 2 – x 1 ≤ 0 x 1 , x 2 , x 3 , x 4 , x 5 : binary...
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This note was uploaded on 01/11/2012 for the course EIN 4354 taught by Professor Tufecki during the Fall '08 term at University of Florida.
 Fall '08
 tufecki

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