In a BIP problem with 3 mutually exclusive alternatives,x1 ,x2 ,and x3,the following constraint needs to be added to the formulation:

A) x1 + x2 +x3 ≤ 1 B) x1 + x2 +x3 = 1 C) x1 - x2 -x3 ≤ 1 D) x1 - x2 -x3 = 1 E) None of the above A) x1 + x2 +x3 ≤ 1 B) x1 + x2 +x3 = 1 C) x1 - x2 -x3 ≤ 1 D) x1 - x2 -x3 = 1 E) None of the above

Exam 7: Using binary integer programming to deal withy es-Or-No decisions

In a BIP problem,1 corresponds to a yes decision and 0 to a no decision If project A can be undertaken only if project B is also undertaken then the following constraint needs to be added to the formulation:

Free

(Multiple Choice)

5.0/5

(31)

Question 1

Correct Answer:

Verified

In a BIP problem,1 corresponds to a yes decision and 0 to a no decision If there are two projects under consideration,A and B,and either both projects will be undertaken or no project will be undertaken,then the following constraint needs to be added to the formulation:

Free

(Multiple Choice)

4.9/5

(33)

Question 2

Correct Answer:

Verified

An auxiliary binary variable is an additional binary variable that is introduced into a model to represent additional yes-or-no decisions

Free

(True/False)

4.9/5

(38)

Question 3

Correct Answer:

Verified

False

BIP can be used to determine the timing of activities

(True/False)

4.8/5

(35)

Question 4

Binary variables are best suited to be the decision variables when dealing with yes-or-no decisions

(True/False)

4.8/5

(32)

Question 5

The constraint x₁ ≤ x₂ in a BIP problem means that alternative 2 cannot be selected unless alternative 1 is also selected

(True/False)

4.9/5

(36)

Question 6

Binary integer programming problems are those where all the decision variables restricted to integer values are further restricted to be binary variables

(True/False)

4.8/5

(38)

Question 7

The Excel sensitivity report can be used to perform sensitivity analysis for integer programming problems

(True/False)

4.8/5

(42)

Question 8

A linear programming formulation is not valid for a product mix problem when there are setup costs for initiating production

(True/False)

4.9/5

(28)

Question 9

If choosing one alternative from a group excludes choosing all of the others then these alternatives are called mutually exclusive

(True/False)

4.9/5

(31)

Question 10

Binary variables are variables whose only possible values are 0 or 1

(True/False)

4.8/5

(34)

Question 11

The constraint x₁ + x₂ + x₃? ≤ 3 in a BIP represents mutually exclusive alternatives

(True/False)

4.7/5

(28)

Question 12

Binary integer programming problems can answer which types of questions?

(Multiple Choice)

4.8/5

(36)

Question 13

A yes-or-no decision is a mutually exclusive decision if it can be yes only if a certain other yes-or-no decision is yes

(True/False)

4.9/5

(35)

Question 14

Which of the following techniques or tools can be used to perform sensitivity analysis for an integer programming problem?

(Multiple Choice)

4.9/5

(27)

Question 15

In a BIP problem with 3 mutually exclusive alternatives,x₁ ,x₂ ,and x₃,the following constraint needs to be added to the formulation:

(Multiple Choice)

4.9/5

(39)

Question 16

In a BIP problem,1 corresponds to a yes decision and 0 to a no decision If there are 4 projects under consideration (A,B,C,and D)and at most 2 can be chosen then the following constraint needs to be added to the formulation:

(Multiple Choice)

4.9/5

(42)

Question 17

A BIP problem considers one yes-or-no decision at a time with the objective of choosing the best alternative

(True/False)

4.9/5

(32)

Question 18

BIP can be used in capital budgeting decisions to determine whether to invest a certain amount

(True/False)

4.8/5

(31)

Question 19

A problems where all the variables are binary variables is called a pure BIP problem

(True/False)

4.8/5

(43)

Question 20

Showing 1 - 20 of 28

In a BIP problem,1 corresponds to a yes decision and 0 to a no decision If project A can be undertaken only if project B is also undertaken then the following constraint needs to be added to the formulation:

In a BIP problem,1 corresponds to a yes decision and 0 to a no decision If there are two projects under consideration,A and B,and either both projects will be undertaken or no project will be undertaken,then the following constraint needs to be added to the formulation:

An auxiliary binary variable is an additional binary variable that is introduced into a model to represent additional yes-or-no decisions

BIP can be used to determine the timing of activities

Binary variables are best suited to be the decision variables when dealing with yes-or-no decisions

The constraint x₁ ≤ x₂ in a BIP problem means that alternative 2 cannot be selected unless alternative 1 is also selected

Binary integer programming problems are those where all the decision variables restricted to integer values are further restricted to be binary variables

The Excel sensitivity report can be used to perform sensitivity analysis for integer programming problems

A linear programming formulation is not valid for a product mix problem when there are setup costs for initiating production

If choosing one alternative from a group excludes choosing all of the others then these alternatives are called mutually exclusive

Binary variables are variables whose only possible values are 0 or 1

The constraint x₁ + x₂ + x₃? ≤ 3 in a BIP represents mutually exclusive alternatives

Binary integer programming problems can answer which types of questions?

A yes-or-no decision is a mutually exclusive decision if it can be yes only if a certain other yes-or-no decision is yes

Which of the following techniques or tools can be used to perform sensitivity analysis for an integer programming problem?

In a BIP problem with 3 mutually exclusive alternatives,x₁ ,x₂ ,and x₃,the following constraint needs to be added to the formulation:

In a BIP problem,1 corresponds to a yes decision and 0 to a no decision If there are 4 projects under consideration (A,B,C,and D)and at most 2 can be chosen then the following constraint needs to be added to the formulation:

A BIP problem considers one yes-or-no decision at a time with the objective of choosing the best alternative

BIP can be used in capital budgeting decisions to determine whether to invest a certain amount

A problems where all the variables are binary variables is called a pure BIP problem

Introduction

Linear programming: Basic Concepts

Linear programming: Formulation and applications

Theart of modeling with spread sheets

What-If Analysis for linear programming

Network optimization problems

Non linear programming

Decision Analysis

Forecasting

Queuing models

Computer simulation: Basic Concepts

Computer simulation with risks olver platform

Solution concepts for linear programming

Transportation and assignment problems

Pert CPM models for project management

Goal programming

Inventory management with known demand

Inventory management with uncertain demand

Computer simulation with crystal ball

Filters

Exam 7: Using binary integer programming to deal withy es-Or-No decisions

In a BIP problem,1 corresponds to a yes decision and 0 to a no decision If project A can be undertaken only if project B is also undertaken then the following constraint needs to be added to the formulation:

In a BIP problem,1 corresponds to a yes decision and 0 to a no decision If there are two projects under consideration,A and B,and either both projects will be undertaken or no project will be undertaken,then the following constraint needs to be added to the formulation:

An auxiliary binary variable is an additional binary variable that is introduced into a model to represent additional yes-or-no decisions

BIP can be used to determine the timing of activities

Binary variables are best suited to be the decision variables when dealing with yes-or-no decisions

The constraint x1 ≤ x2 in a BIP problem means that alternative 2 cannot be selected unless alternative 1 is also selected

Binary integer programming problems are those where all the decision variables restricted to integer values are further restricted to be binary variables

The Excel sensitivity report can be used to perform sensitivity analysis for integer programming problems

A linear programming formulation is not valid for a product mix problem when there are setup costs for initiating production

If choosing one alternative from a group excludes choosing all of the others then these alternatives are called mutually exclusive

Binary variables are variables whose only possible values are 0 or 1

The constraint x1 + x2 + x3? ≤ 3 in a BIP represents mutually exclusive alternatives

Binary integer programming problems can answer which types of questions?

A yes-or-no decision is a mutually exclusive decision if it can be yes only if a certain other yes-or-no decision is yes

Which of the following techniques or tools can be used to perform sensitivity analysis for an integer programming problem?

In a BIP problem with 3 mutually exclusive alternatives,x1 ,x2 ,and x3,the following constraint needs to be added to the formulation:

In a BIP problem,1 corresponds to a yes decision and 0 to a no decision If there are 4 projects under consideration (A,B,C,and D)and at most 2 can be chosen then the following constraint needs to be added to the formulation:

A BIP problem considers one yes-or-no decision at a time with the objective of choosing the best alternative

BIP can be used in capital budgeting decisions to determine whether to invest a certain amount

A problems where all the variables are binary variables is called a pure BIP problem

Introduction

Linear programming: Basic Concepts

Linear programming: Formulation and applications

Theart of modeling with spread sheets

What-If Analysis for linear programming

Network optimization problems

Non linear programming

Decision Analysis

Forecasting

Queuing models

Computer simulation: Basic Concepts

Computer simulation with risks olver platform

Solution concepts for linear programming

Transportation and assignment problems

Pert CPM models for project management

Goal programming

Inventory management with known demand

Inventory management with uncertain demand

Computer simulation with crystal ball

Filters

The constraint x₁ ≤ x₂ in a BIP problem means that alternative 2 cannot be selected unless alternative 1 is also selected

The constraint x₁ + x₂ + x₃? ≤ 3 in a BIP represents mutually exclusive alternatives

In a BIP problem with 3 mutually exclusive alternatives,x₁ ,x₂ ,and x₃,the following constraint needs to be added to the formulation: