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Given the following all-integer linear program:
a.Solve the problem as a linear program ignoring the integer constraints.Show that the optimal solution to the linear program gives fractional values for both x1 and x2.
b.What is the solution obtained by rounding fractions greater than of equal to 1/2 to the next larger number? Show that this solution is not a feasible solution.
c.What is the solution obtained by rounding down all fractions? Is it feasible?
d.Enumerate all points in the linear programming feasible region in which both x1 and x2 are integers, and show that the feasible solution obtained in (c) is not optimal and that in fact the optimal integer is not obtained by any form of rounding.
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An agreement where two parties exchange goods, services, or other considerations of value, with each party benefiting from the transaction.
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A legal principle preventing someone from arguing that an unenforceable promise they made should not be upheld, because the other party relied on that promise to their detriment.
UCC
All commercial activities in the United States are subject to the intricate legal structure of the Uniform Commercial Code.
Promissory Estoppel
A legal concept that bars a person from canceling a promise made to someone else if that individual has sensibly relied on the promise to their misfortune.
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