Fill in the blank questions- integer programming
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1. In a problem involving capital budgeting applications, the 0-1 variables designate the ____________ or _____________ of the different projects.
2. If exactly one investment is to be selected from a set of five investment options, then the constraint is often called a ____________ constraint.
3. If we are solving a 0-1 integer programming problem, the constraint x1 + x2 <= (less than equal to) 1 is a ________________constraint.
4. If we are solving a 0-1 integer programming problem, the constraint x1 <= (less than equal to) x2 is a ________________constraint.
5. If we are solving a 0-1 integer programming problem, the constraint x1 = x2 is a ________________constraint.
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The solution provides answers to 5 fill in the blank questions on investments and 0-1 integer programming.
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1. In a problem involving capital budgeting applications, the 0-1 variables designate the _selection_ or _rejection_ of the different projects.
Binary integer variables (0-1 variables) can be used to model yes/no decisions, go/no-go decisions, such as whether to build a plant ...
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