Table 10-4 a Company Has Decided to Use 0−1 Integer Programming to Programming

question 52

Multiple Choice

Table 10-4
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:
-Table 10-4 presents an integer programming problem. If the optimal solution is used, then only two of the alternatives would be selected. How much slack would there be in the third constraint?

• A) 1000
• B) 5000
• C) 3300
• D) 8000
• E) None of the above

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Definitions:

Human Capital

The skills, knowledge, and experience possessed by an individual or workforce, viewed in terms of their value or cost to an organization.

Human Capital

Represents the skills, knowledge, and experience possessed by an individual or population, viewed in terms of their value or cost to an organization or country.

Compensating Differential

A variation in pay or wages that arises to compensate workers for differences in the desirability of a job, such as working conditions or job location.

Labor Markets

The supply and demand for labor, where employers seek workers and individuals seek employment.