Data Corp. is considering which of 4 different projects to undertake in order to maximize its net present value (NPV). Define X_i as a binary variable that equals 1 if project i is undertaken and 0 otherwise, for i = 1, 2, 3, 4. The NPV and required capital (in millions) for each project are listed below. Which of the following represents the constraint stating that project 2 can be undertaken only if project 3 is undertaken? A) X₂ + X₃ ≤ 1 B) X₂ - X₃ ≤ 0 C) X₃ - X₂ ≤ 0 D) X₂ - X₃ ≤ 1 E) X₃ - X₂ ≤ 1

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The Answer of Data Corp. is considering which of 4 different projects to undertake in order to maximize its net present value (NPV). Define X_i as a binary variable that equals 1 if project i is undertaken and 0 otherwise, for i = 1, 2, 3, 4. The NPV and required capital (in millions) for each project are listed below. Which of the following represents the constraint stating that project 2 can be undertaken only if project 3 is undertaken? A) X₂ + X₃ ≤ 1 B) X₂ - X₃ ≤ 0 C) X₃ - X₂ ≤ 0 D) X₂ - X₃ ≤ 1 E) X₃ - X₂ ≤ 1

Data Corp Is Considering Which of 4 Different Projects to Undertake