irm has prepared the following binary integer program to evaluate a number of potential locations for new warehouses The firm's goal is to maximize the net present value of their decision while not spending more than their currently available capital Max 30x1 30x2 25x3 35x4 s t 10x1 12x2 5x3 13x4 15 (Constraint 1) x1 x2 x3x4 2 2 (Constraint 2) x1 x21 (Constraint 3) x1 x3 21 (Constraint 4) x2x4 (Constraint 5) 1, if location j is selected Ij 10, otherwise Solve this problem to optimality and answer the following questions a Which of the warehouse locations will will not be selected Location 1 will Location 2 will Location 3 will Location 4 will b What is the net present value of the optimal solution (Round your answer to the nearest whole number ) Net present value c How much of the available capital will be spent (Hint Constraint 1 enforces the available capital limit) (Round your answer to the nearest whole number ) Available capital irm has prepared the following binary integer program to evaluate a number of potential locations for new warehouses The firm's goal is to maximize the net present value of their decision while not spending more than their currently available capital Max 30x1 30x2 25x3 35x4 s t 10x1 12x2 5x3 13x4 15 (Constraint 1) x1 x2 x3x4 2 2 (Constraint 2) x1 x21 (Constraint 3) x1 x3 21 (Constraint 4) x2x4 (Constraint 5) 1, if location j is selected Ij 10, otherwise Solve this problem to optimality and answer the following questions a Which of the warehouse locations will will not be selected Location 1 will Location 2 will Location 3 will Location 4 will b What is the net present value of the optimal solution (Round your answer to the nearest whole number ) Net present value c How much of the available capital will be spent (Hint Constraint 1 enforces the available capital limit) (Round your answer to the nearest whole number ) Available capital

Question

irm has prepared the following binary integer program to evaluate a number of potential locations for new warehouses  The firm's goal is to maximize the net present value of their decision while not spending more than their currently available capital  Max 30x1   30x2   25x3  35x4 s t  10x1   12x2  5x3  13x4 15 (Constraint 1) x1 x2 x3x4 2 2 (Constraint 2) x1 x21 (Constraint 3) x1 x3 21 (Constraint 4) x2x4 (Constraint 5) 1, if location j is selected Ij   10, otherwise Solve this problem to optimality and answer the following questions  a  Which of the warehouse locations will will not be selected  Location 1 will Location 2 will Location 3 will Location 4 will b  What is the net present value of the optimal solution  (Round your answer to the nearest whole number ) Net present value c  How much of the available capital will be spent (Hint  Constraint 1 enforces the available capital limit)  (Round your answer to the nearest whole number ) Available capital irm has prepared the following binary integer program to evaluate a number of potential locations for new warehouses  The firm's goal is to maximize the net present value of their decision while not spending more than their currently available capital  Max 30x1   30x2   25x3  35x4 s t  10x1   12x2  5x3  13x4 15 (Constraint 1) x1 x2 x3x4 2 2 (Constraint 2) x1 x21 (Constraint 3) x1 x3 21 (Constraint 4) x2x4 (Constraint 5) 1, if location j is selected Ij   10, otherwise Solve this problem to optimality and answer the following questions  a  Which of the warehouse locations will will not be selected  Location 1 will Location 2 will Location 3 will Location 4 will b  What is the net present value of the optimal solution  (Round your answer to the nearest whole number ) Net present value c  How much of the available capital will be spent (Hint  Constraint 1 enforces the available capital limit)  (Round your answer to the nearest whole number ) Available capital

SolutionInn · Accepted Answer

To calculate the net present value NPV of the optimal solution we need to first determine the values of x y z and w which we found to be x 1 y 1 z 0 w 1 Now well substitute these values into the objec...

Question: irm has prepared the following binary integer program to evaluate a number of potential locations for new warehouses. The firm's goal is to maximize

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