One Way to Find an Optimal Solution to the IP

question 97

Multiple Choice

One way to find an optimal solution to the IP problem is to:

• A) use a B&B technique
• B) use LP relaxation and round the values of the decision variables up to the nearest integer value
• C) use LP relaxation and round the values of the decision variables down to the nearest integer value
• D) use LP relaxation and round 50 percent of the decision variable values down to the nearest integer value and the remaining 50 percent up to the nearest integer value

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Definitions:

Interval of Random Numbers

A range within which any number has an equal chance of being selected during a random selection process.

Average Demand

The mean amount of a product or service consumed or requested by customers over a specific period.

Cumulative Probability

The likelihood of an event happening up to a certain point, calculated by summing the probabilities of the event and all occurrences before it.

Interval of Random Numbers

A range within which random numbers can be generated, often used in simulations and probabilistic analyses.