Consider again Problem 10. Use equation (9.1) to determine whether your solution to Problem 10 is unique.

Question:

Consider again Problem 10. Use equation (9.1) to determine whether your solution to
Problem 10 is unique. If your solution is not unique, use equation (9.1) iteratively to find all alternative optima. How many alternative optimal solutions are there?
In Problem 10.
CHB, Inc. is a bank holding company that is evaluating the potential for expanding into the state of Ohio. State law permits establishing branches in any county that is adjacent to a county in which a PPB (principal place of business) is located. The following map shows the State of Ohio. The file CHB contains an adjacency matrix with a one in the ith row and jth column indicating that the counties represented by the ith row and the jth column share a border. A zero indicates that the two counties do not share a border.
Formulate and solve a linear binary model that will tell CHB the minimium number of PPB's required and their location in order to allow CHB to put a branch in every county in Ohio.
Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question

Essentials of Business Analytics

ISBN: 978-1285187273

1st edition

Authors: Jeffrey Camm, James Cochran, Michael Fry, Jeffrey Ohlmann, David Anderson, Dennis Sweeney, Thomas Williams

Question Posted: