In the mathematical formulation, what does the X decision variable mean? Why does it have to take on a value of 0 or 1?
Answer to relevant QuestionsIn the mathematical formulation, why can Y be a continuous linear variable and still give a legitimate solution? (For example, what does a Y value of 0.45 mean?) A major chemical company operates a private fleet of tank trucks that deliver full loads of liquid chemicals from warehouses to all associated customers. The “customers” in this case are plants using these chemicals ...The classic transportation problem that you can find in most linear programming books (or by a quick search of the Internet) is set up something like this: You have a set of source points with a given amount of supply ...The fluctuating price of oil has a big impact on the cost of a supply chain. As oil prices increase, so does the cost of transportation. Recent fluctuations in the price of oil have taught supply chain managers that they ...Open the file Warehouse Costs by Throughput.xls located on the book web site. This file contains the total cost to operate different warehouses by throughput. Run a regression analysis and estimate the fixed and variable ...
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