Consider the Following 0 - 1 Integer Programming Problem

question 96

Multiple Choice

Consider the following 0 - 1 integer programming problem: If we wish to add the constraint that X must be positive,and that only Y or Z,but not both,can be positive,how would the additional constraint(s) be written?

• A)X + Y + Z ≤ 3,Y + Z ≤ 1
• B)X ≤ 1,Y + Z = 1
• C)X ≤ 2,and Y ≤ 2,and Z ≤ 2
• D)X = 1,Y + Z ≤ 1
• E)None of the above

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Definitions:

Price

The monetary value assigned to a product or service, determined by various factors including supply and demand, cost of production, and market competition.

Economic Profit

The disparity between total monetary gains and overall financial outlay, accounting for both clear and obscure costs.

Monopoly Model

A market structure where a single firm dominates the market, with no close substitutes for its product.

Equilibrium

A market scenario where the balance between supply and demand stabilizes prices.