Multiple Choice
XLB Sports has 30 franchises (teams) .Although most of the teams make an annual profit, some teams report losses.An owner of a team that loses money can still make a profit when he sells the franchise since equity increases have been greater than reported losses.XLB has requested a model to determine which, if any, franchises should be eliminated.The costs associated with team elimination include the buyout of the owner, paying off existing contracts such as ballpark leases, and anticipated legal costs.The objective function is the overall profit of XLB.Because all teams must play on the same day, the number of teams must be an even number.Some teams may lose money at home but help other teams by drawing well in road games. Which of the following is true?
A) Teams reporting a loss should be eliminated.
B) You should use binary variables in a mixed integer model.
C) The problem can be solved by solving 30 team integer linear programming models.
D) The problem cannot be modeled.
Correct Answer:

Verified
Correct Answer:
Verified
Q43: Wisconsin State University is planning to advertise
Q44: What is wrong with this model?
Q45: If project 1 is performed then
Q46: The availability of seats for ballgames
Q47: The optimal solution obtained to a maximization
Q49: Explain the Excel formula SUMIF(F5:F12,"Daily",B5:B12).
Q50: The shadow price for a constraint that
Q51: Nike will build a factory at
Q52: What is Data Envelopment Analysis?<br>A)A linear programming
Q53: An assembly line has 4 stations.All