Question: Question 1 7 1 p t s Table 1 0 - 3 A company has decided to use 0 - 1 integer programming to help
Question
Table
A company has decided to use integer programming to help make some investment decisions. There are three possible investment alternatives from which to choose, but if it is decided that a particular alternative is to be selected, the entire cost of that alternative will be incurred ie it is impossible to build onehalf of a factory The integer programming model is as follows:
Maximize
Subject :
all variables
Constraint
Constraint
budget limit
resource limitation
where if altemative is selected, otherwise
if altemative is selected, otherwise
if altemative is selected, otherwise
Solution objective value
Table presents an integer programming problem. What is the meaning of Constraint
If is selected, and must also be selected.
At least three alternatives must be selected.
No more than three alternatives may be selected.
If is selected, and must also be selected.
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