An Integer Programming (Minimization)problem Was First Solved as a Linear

question 84

Multiple Choice

An integer programming (minimization) problem was first solved as a linear programming problem, and the objective function value (cost) was $253.67.The two decision variables (X, Y) in the problem had values of X = 12.45 and Y = 32.75.If there is a single optimal solution, which of the following must be true for the optimal integer solution to this problem?

• A)X = 13 Y = 33
• B)X = 12 Y = 32
• C)The objective function value must be less than $253.67.
• D)The objective function value will be greater than $253.67.

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Definitions:

NPV

Net Present Value, a method used in capital budgeting to evaluate the profitability of an investment or project.

IRR

The Internal Rate of Return is a metric used in financial analysis to estimate the profitability of potential investments.

MIRR

The modified internal rate of return; a measure of profitability that adjusts for the cost of capital and project scale.

NPV

Net Present Value; a calculation used to determine the present value of an investment's cash inflows and outflows over a period, assessing its profitability.