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 to
A company has decided to use 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 ie it is impossible to build onehalf of a factory The integer programming model is as follows:
Maximize XXX
Subject to: X X X Constraint
X X Constraint
X X Xbudget limit
X X Xresource limitation
all variables or
where X if alternative is selected, otherwise
X if alternative is selected, otherwise
X if alternative is selected, otherwise
Solve the problem using the Excel Template provided in Module Brightspace.
Table presents an integer programming problem. What is true about Constraint and the optimal objective function? PLEASE SOLVE IT IN EXCEL
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