Question: PLEASE MAKE SURE THAT YOU HAVE READ THE PROBLEM. There are people who copy-pasted the given solutions from a different problem. A firm has prepared

PLEASE MAKE SURE THAT YOU HAVE READ THE PROBLEM. There are people who copy-pasted the given solutions from a different problem.

PLEASE MAKE SURE THAT YOU HAVE READ THE PROBLEM.

A firm 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 15x1 + 15x2 + 15x3+ 30x4 s.t.7xq + 13x2 + 11x3 + 10x4 5 20 Constraint 1} x1 + x2 + x3 + x4 2 2 (Constraint 2) x1 + x2 5 1 Constraint 3} *1 + x3 2 1 (Constraint 4) x2 = x4 (Constraint 5) 1, if location j is selected Dj 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

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock blur-text-image

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!

Please help me to answer the following file ............................................................................................... INVESTMENT AND PORTFOLIO MANAGEMENT COURSE ASSESSMENT 1...

Please help me to answer the attached files ................................... INVESTMENT AND PORTFOLIO MANAGEMENT COURSE ASSESSMENT 1 Submission deadline without penalties is 12 October 2017....

URGENT HELP PLEASE!!! 3 Question 47 (5 points) A firm has prepared the following binary integer program to evaluate a number of potential new capital projects. The firm's goal is to maximize the net...

URGENT HELP PLEASE Answer all please Question 21 (5 points) A firm has prepared the following binary integer program to evaluate a number of potential new capital projects. The firm's goal is to...

Patrick Star aspired to be a musician of note (ha!) specializing in Mayonnaise. Unfortunately, Patrick's music career didn't pan out. Now, Patrick has decided that he needs to make a name for himself...

Question 1. Your employer is trying to select from a list of possible capital projects. The projects, along with their cost and benets, are listed below. The capital budget available is $1 million....

Part I: Evaluation Function Now that you have the basic tree class working - and it is printing correctly - you can work on the Evaluation Function. This function is recursive by nature. This is very...

please make sure you read the values.. i have seen alot of same answers.. here question is different.. Tournesol Canada, Ltd. is a producer of high quality sunflower oil. The company buys raw...

will require integrating human resource management theory and thought while addressing major issues in the field and therefore will require proper referencing and citations. Please make sure that you...

will require integrating human resource management theory and thought (as described in the textbook) while addressing major issues in the field and therefore will require proper referencing and...

It is often assumed that IQ scores follow a bell-shaped distribution with a mean of 100 and a standard deviation of 16. a. What percentage of scores are between 84 and 116? b. What percentage of...

Review the government-wide statements as presented in Table 171 of the text. 1. What was the amount of the governments decit for the year? What was the amount of its net position? 2. What three...

Question 1 1 1 0 Points How much in total ( including interest and the down payment ) will Sarai have paid for this house after it s paid off in 3 0 years? Please do not include the $ in your answer....

Odessa, Inc., reports the following information concerning operations for the most recent month: Master Budget Actual (based (based on on actual of budgeted 550 495 units) units ) Sales revenue $85,...