Write the appropriate constraint for the following condition: Choose no fewer than 3 projects
Consider a capital budgeting example with five projects from which to select. Let x1 = 1 if project a is selected, 0 if not, for a = 1, 2, 3, 4, 5. Projects cost $100, $200, $150, $75, and $300, respectively. The budget is $450.
Answer: x1 + x2 + x3 + x4 + x5 ≥ 3
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Component unit information is reported in a separate column from that of the primary government when ______ is used.
Fill in the blank(s) with the appropriate word(s).
Greg is the CEO of a leading company in the consumer packaged goods industry. He is trying to grow his company for personal gain and wealth. However, Greg sees that his company has an opportunity to break into the chemical industry. He has decided to invest free cash flow into acquiring small chemical companies that have the potential for growth if funded properly. Shareholders are not happy. Their case for wanting to cease these actions is that Greg is practicing:
a. underdiversification. b. overdiversification. c. diversification. d. segmentation.