Question: Question 1. Consider a two-stage program, where the 1 st stage contains binary variables and the second stage is given by min 2y13y2 , s.

Question 1. Consider a two-stage program, where

Question 1. Consider a two-stage program, where the 1 st stage contains binary variables and the second stage is given by min 2y13y2 , s. t. y1 +2y2 1 x1, y1 2 x2, y 0 , integer. Assume = (2,2)T or (4,3)T with equal probability 1/2 each. If the current iterate point is x = (0,1)T , find a lower bound L on Q(x) and derive a cut of type (qS L) iS xi iS xi (qS L)(|S| 1) + L

Question 1. Consider a two-stage program, where the 1st stage contains binary variables and the second stage is given by min2y13y2,s.t.y1+2y21x1,y12x2,y0,integer. Assume =(2,2)T or (4,3)T with equal probability 1/2 each. If the current iterate point is x=(0,1)T , find a lower bound L on Q(x) and derive a cut of type (qSL)iSxiiSxi(qSL)(S 1)+L

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