Mutually
Exclusive Projects
Mutually exclusive
projects are those projects that cannot be undertaken at the same time. This is
concept of either or concept. (Either we can take one project or other).
Following example explain the concept of mutual exclusive project.
Mutually
Exclusive Projects Example
Project
|
Profit
|
A
|
10
|
B
|
40
|
C
|
50
|
D
|
60
|
Projects C & D are mutually exclusive. In
this example we can look into combination which will either include C or D.
Combination C
|
Combination D
|
C
|
D
|
C,B
|
D,B
|
C,A
|
D,A
|
C,B,A
|
D,B,A
|
|
|