Question
Table 10-1 A company has decided to use 0-1 integer programming to help make some investment decisions. There are three possible investment alternatives from which
Table 10-1 A company has decided to use 0-1 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 (i.e., it is impossible to build one-half of a factory). The integer programming model is as follows: Maximize 5000 X1 + 7000X2 + 9000X3 Subject to:X1 + X2 + X3 2(only 2 may be chosen) 25000X1 + 32000X2 + 29000X3 62,000(budget limit) 16 X1 + 14 X2 + 19 X3 36(resource limitation) all variables = 0 or 1 where X1 = 1 if alternative 1 is selected, 0 otherwise X2 = 1 if alternative 2 is selected, 0 otherwise X3 = 1 if alternative 3 is selected, 0 otherwise The optimal solution is X1 = 0, X2 = 1, X3 = 1 In Table 10-1, which presents an integer programming problem, using the optimal solution means only two of the alternatives would be selected. How much slack is there in the third constraint?
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