Question: Create a simple 0, 1 integer model for a situation or problem you face in your life. Is there an optimal solution for your problem?
Create a simple 0, 1 integer model for a situation or problem you face in your life. Is there an optimal solution for your problem? What type of model would you use to create an optimal solution? Explain.
Something I case is on the weekends. Which sale to go to first. If I have three sales to chose from:
First one has a item I know that if i can get it today the 50% off day I can make a $400. I would have to buy it at $600. It will sit on my shelf for a year though.
The second item is can by at full price of $50 and selling for $200 a $150 and it will sell in 4 months.
The this one is a book for $20 and I can sell it in 5 days fro 100.00.
We know I do not have a lot of space and time and space is money. Which one do I go to first?
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