Multiple Choice
A firm has prepared the following binary integer program to evaluate a number of potential locations for new warehouses. The firm's goal is to maximize the net present value of their decision while not spending more than their currently available capital.
Max 20x1 + 30x2 + 10x3 + 15x4
s.t. 5x1 + 7x2 + 12x3 + 11x4 ? 21 {Constraint 1}
X1 + x2 + x3 + x4 ? 2 {Constraint 2}
X1 + x2 ? 1 {Constraint 3}
X1 + x3 ? 1 {Constraint 4}
X2 = x4 {Constraint 5}
Which constraint ensures that the firm will not spend more capital than it has available (assume that each potential location has a different cost) ?
A) Constraint 1
B) Constraint 2
C) Constraint 3
D) Constraint 4
E) Constraint 5
Correct Answer:

Verified
Correct Answer:
Verified
Q7: Note: This problem requires the use
Q8: To model a situation where a setup
Q9: Note: This problem requires the use
Q10: The university administration would like to
Q11: Note: This problem requires the use
Q13: A manufacturer has the capability to
Q14: The university administration would like to
Q15: A problems where all the variables are
Q16: BIP can be used in capital budgeting
Q17: The university is scheduling cleaning crews