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A power utility company believes it will need the amounts of generating capacity shown in the table below during the next five years. The company
A power utility company believes it will need the amounts of generating capacity shown in the table below during the next five years. The company has a choice of building power plants with the specifications shown in the second table below. All capacities are given in tera-watt hours (TWh) and all costs are given in millions of dollars. Lastly, once a plant is built it must be operated for all remaining years. Formulate an integer program to decide which plants to build in which years so that the total cost of meeting the generating capacity requirements of the next five years is minimized
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