Question: Q - 1 ) ( 5 0 points ) Reconsider the California Manuf. Comp. example ( see the Week 1 1 material on Teams )
Q points
Reconsider the California Manuf. Comp. example see the Week material on Teams In addition to LA and SF Irvine is also considered for building factory and perhaps a warehouse in that city. According to staff estimations, the profit of building a factory in Irvine is $ million and the amount of capital required to do this is $ million. The profit of building a warehouse there would be $ million and the capital required would be $ million. This option would be considered only if a factory also is being built there. The goal is to find the feasible combination of investments that maximizes the total profit, given that the amount of capital available for these investments is $ million.
Formulate a binary integer programming model for this problem.
Q points
Solve the binary integer programming model you developed in Q using AMPL. Provide the optimal solution, the optimal value, the content of AMPL model file as well as the AMPL output.
Note: To define a binary variable in AMPL, use the command "binary". Eg:
var x binary;
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