In a BIP Problem with 2 Mutually Exclusive Alternatives,x₁ and X₂,the

question 7

Multiple Choice

In a BIP problem with 2 mutually exclusive alternatives,x₁ and x₂,the following constraint needs to be added to the formulation if one alternative must be chosen:

• A)x₁ + x₂ \(\le\) 1.
• B)x₁ + x₂ = 1.
• C)x₁ - x₂ \(\le\) 1.
• D)x₁ - x₂ = 1.
• E)None of the above.

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Definitions:

Interest Rate

Borrowers are subject to a charge, defined as a percentage of the principal, for the usage of assets from lenders.

Interest Rate

The proportion, typically expressed as a percentage, that is charged by lenders to borrowers for the use of their money.

Payoff

The return or potential gain from an investment or decision, which can be seen in financial, strategic, or personal contexts.

Revenues

The total incomes that a business receives from its normal business activities, usually from the sale of goods and services to customers.