Question: 1 ( 1 0 % ) A company considers producing four new products. Managers need to determine the type and amount of products to be

1(10%) A company considers producing four new products. Managers need to determine the type
and amount of products to be manufactured in order to maximize total profit. The following
table shows the setup costs and marginal profit of each product.
Let x1,x2,x3, and x4 represent the production rate of products 1,2,3, and 4, respectively. There
are three conditions that need to be satisfied.
(1) No more than two of the products can be produced.
(2) Either product 3 or 4 can be produced only if either product 1 or 2 is produced.
(3) Either 5x1+3x2+6x3+4x46000 or 4x1+6x2+3x3+5x46000 is satisfied.
Introduce auxiliary binary variables to formulate a mixed BIP model for this problem.
 1(10%) A company considers producing four new products. Managers need to

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