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Item7
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Time Remaining 2 hours 43 minutes 53 seconds
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Item 7
Time Remaining 2 hours 43 minutes 53 seconds
02:43:53
A firm has prepared the following binary integer program to evaluate a number of potential locations for new warehouses. The firms goal is to maximize the net present value of their decision while not spending more than their currently available capital.
Max 20x1+20x2+15x3+30x4
s.t.9x1+7x2+13x3+5x419{Constraint 1}
x1+ x2+ x3+ x42{Constraint 2}
x1+ x21{Constraint 3}
x1+ x31{Constraint 4}
x2= x4{Constraint 5}
xj={1,iflocationjisselected0,otherwisexj=1,iflocationjisselected0,otherwise
Solve this problem to optimality and answer the following questions:
Which of the warehouse locations will/will not be selected?

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