Question

Required information For four independent projects, the investment limit is $350, and the following project selection restriction applies: project 2 can be selected only if project 3 is selected.

Project	Initial Investment, $
1	250
2	150
3	75
4	235

1) Determine all the acceptable mutually exclusive bundles from the following.

2) Determine all the nonacceptable mutually exclusive bundles from the following.

Answer 1

Answer) Let us name project 1 as P1,project 2 as P2 and so on

1. With P1 only P3 can be selected as other 2 projects exceeds the budget,with P2 only P3 can be selected as adding any other will exceed the budget,with P3 apart from above 2 project bundles,P4 and P3 can be selected as that fulfills both conditions,any other bundle will non possible,so there are 3 acceptable mutually exclusive bundles which are project 1 and project 3;project 2 and project 3;project 3 and project 4
2. Any bundle which is not acceptable will come under here as non accceptable mutually exclusive bundle,all 4 projects are not possible together,bundle of P1,P2,P3 is not possible and so is bundle of P1,P2,P4 and P1,P3,P4,similarly in bundles of 3 P2,P3,P4 is not possible,for bundles of 2,P1 and P2 is not possible and so is P1 and P4;P2 and P4 is not possible as well,so 8 bundles are non acceptable as mentioned in this part.

Answer is complete.Thank you!