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

question 69

Multiple Choice

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

• A)X = 12 Y = 32
• B)X = 12 Y = 33
• C)X = 12
• D)Y = 32
• E)None of the above

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Definitions:

Wholesale Price

The cost at which goods are sold to retailers by manufacturers or distributors before any retail markup.

Retail Price

The cost at which an item is sold to the general public by retailers.

Mark-up on Cost

The percent increase applied to the goods' cost price to cover overhead expenses and profit.

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A Canadian retail store chain specializing in pharmaceuticals, electronics, cosmetics, and a range of household goods.