All of the following are true when formulating

Chapter 12, Problem 12.43

(choose chapter or problem)

All of the following are true when formulating mutuallyexclusive bundles of independent projects, except:(a) One of the bundles is the do-nothing project.(b) A bundle may consist of only one project.(c) The capital limit may be exceeded as long asit is exceeded by less than 3%.(d) A bundle may include contingent and dependentprojects.

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