In the mathematical formulation, what does the X decision variable mean? Why does it have to take

Question:

In the mathematical formulation, what does the X decision variable mean? Why does it have to take on a value of 0 or 1?

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For book-img-for-question

Supply Chain Network Design Applying Optimization and Analytics to the Global Supply Chain

ISBN: 978-0133017373

1st edition

Authors: Michael Watson, Sara Lewis, Peter Cacioppi, Jay Jayaraman

See More Books

Question Posted: Oct 29, 2015 05:37 AM

See More Questions

In the mathematical formulation, why can Y be a continuous linear variable and still give a legitimate solution? (For example, what does a Y value of 0.45 mean?)
If the mathematical formulation only had an objective that maximized the amount of demand within a certain limit (say, 800km) and no other objective or restriction on the distance, how would...
Any good Southern breakfast includes grits (which my wife loves) and bacon (which I love). Suppose we allocate $60 per week to consumption of grits and bacon, that grits cost $2 per box and bacon...
Holly funded the Holly Marx Trust in January 2020. The entire trust income is payable to her adult son Jack for 20 years. At the end of the twentieth year, the trust assets are to pass to Hollys...
Find the Q value for 11H + 21H ( 32He + y..
3. Suppose you have invested your wealth in a risk-parity portfolio with stocks from two companies, firm A and firm B. If the volatility of stock returns for firm A is 0.25 and the risk parity...
1. Distinguish between job descriptions and job specifications, and explain how they help in selecting employees.
Meranda Corporation is authorized to issue both preferred and common stock. The par value of the preferred is $50. During the first year of operations, the company had the following events and...
Describe the situation that end up with the indirect ownership interests.
Suppose you are given the array A = [1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12], and you then perform the binary search algorithm given in this chapter to find the number 8. Which numbers in the array A...
Als data provided us with demand in terms of pounds. Why does this make a good unit of measure for our model? What other units of measure may have been acceptable and why?
If you have a problem with 1,000 customers and want to consider 1,000 potential warehouse locations, how many different combinations of choices will you have if you want to pick the best 10 warehouse...
List two common situations that will cause a partner's inside and outside basis to differ.
Evaluate the following definite integrals as limit of sums: 1. (x (x-x)dx [(2x 2. (2x+5x)dx 3. (2x + +3x+1)dx
Evaluate as limit of sums Jr- 3+1dx 1
1. 3. Example: Evaluate the following definite integrals as limit of sums: e'dx fedx 2. Je dx 4.
Evaluate the following definite integrals as limit of sums: 1. 2 2. 5*x
Evaluate the following definite integrals as limit of sums: 1. sin sinxdx 2. 0 /4 cos.xdx 3. sin x dx 2/6
Given the exponential utility function $u(x)=-\frac{1}{a} \mathrm{e}^{-a x}, a>0$, and a normally distributed random variable $\tilde{x} \sim \mathscr{N}\left(\mu, \sigma^{2} ight)$, determine...
Continuation of Exercise 4-83. (a) What is the probability that the first major crack occurs between 12 and 15 miles of the start of inspection? (b) What is the probability that there are no major...
Consider the sorts of values listed in Table 16-3. If you consider the symbols, physical structures, language, stories, rituals, and ceremonies identified in Step 1, what core values seem to...
Describe the disadvantages of global sourcing and how it can adversely affect a firms competitiveness.
Why should an organization be concerned with supplier relationships?
Compare and contrast the arms-length or adversarial approach to the partnership approach to building customer-supplier relationships.
September 1 . Purchased a new truck for $ 8 3 , 0 0 0 , paying cash. September 4 . Sold the truck purchased January 9 , Year 2 , for $ 5 3 , 6 0 0 . ( Record depreciation to date for Year 3 for the...
Find the NPV for the following project if the firm's WACC is 8%. Make sure to include the negative in your answer if you calculate a negative. it DOES matter for NPV answers
What is the value of a 10-year, $1,000 par value bond with a 12% annual coupon if its required return is 11%?

In the mathematical formulation, what does the X decision variable mean? Why does it have to take

Question:

Step by Step Answer:

X represents whether a warehouse is opened or used at location i It has to be ...View the full answer

Supply Chain Network Design Applying Optimization and Analytics to the Global Supply Chain

Students also viewed these Management Leadership questions