Question: A company has decided to use binary integer programming to help make some investment decisions. There are three possible investment alternatives from which to choose,

A company has decided to use binary 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:
Maximize 5000 X1+7000X2+9000X3
Subject to:
X1+ X2+ X3<=2(only 2 may be chosen)
25000X1+32000X2+29000X3<=62,000(budget limit)
16 X1+14 X2+19 X3<=36(resource limitation)
all variables =0 or 1
where
X1=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
The optimal solution is X1=0, X2=1, X3=1
According to the model above, which presents an integer programming problem, if the optimal solution is used, what would the value of the objective function be?
Group of answer choices
12,000
21,000
2
16,000

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