Question: A company has decided to use 0 - 1 integer programming to help make some investment decisions. There are three possible investment alternatives from which

A company has decided to use 0-1 integer programming to help make some investment decisions. There are three possible investment alternatives from which to choose, but if it is decided that a particular alternative is to be selected, the entire cost of that alternative will be incurred (i.e., it is impossible to build one-half of a factory). The integer programming model is as follows:
Maximize5000X11+70002+90003
Subject to: x1+x2+x32(only2 may be chosen)
250001+320002+29000362,000(budgetlimit)
161+14x2+19336(resourcelimitation)
all variables =0or1
Subject to: x1+x2+x32(only 2 may be chosen)
all variables =0 or 1
whereX1=1 if alternative 1 is selected, 0 otherwise
x2=1 if alternative 2 is selected, 0 otherwise
x3=1 if alternative 3 is selected, 0 otherwise
Solve the problem using the Excel Template provided in Module 6 Brightspace
According to Table 10-1, which presents an integer programming problem, if the optimal solution is used, what would the value of the objective function be?
 A company has decided to use 0-1 integer programming to help

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