An ILP Problem Has 5 Binary Decision Variables

question 45

Multiple Choice

An ILP problem has 5 binary decision variables. How many possible integer solutions are there to this problem?

• A) 5
• B) 10
• C) 25
• D) 32

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Definitions:

Process-Oriented Facilities

Facilities designed around the specific processes and activities involved in production, often tailored to handling a variety of product types or flexible manufacturing.

Utilization

The extent to which a resource, such as equipment, space, or labor, is being used effectively and efficiently.

Excess Capacity

The situation in which a company can produce more products or services than currently demanded by the market.

High Fixed Costs

A financial condition where a business or operation has a high proportion of expenses that do not vary with the volume of production or sales.