The Imposition of an Integer Restriction Is Necessary for Models

question 20

Multiple Choice

The imposition of an integer restriction is necessary for models where

• A)nonnegativity constraints are needed.
• B)variables can take negative values.
• C)the decision variables cannot take fractional values.
• D)possible values of variables are restricted to particular intervals.

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Definitions:

Merchandising Business

A business that purchases finished goods for resale, typically at a profit, engaging in buying and selling without altering the form of the goods.

Service Business

An enterprise offering non-physical goods or services to its clientele.

Merchandising Income Statement

A financial statement detailing the gross profit, expenses, and net profit or loss of a retail or wholesale business.

Administrative Expenses

Overheads and general expenses related to the day-to-day management and operation of a business, excluding production and direct costs.