Any Integer Variable in an ILP That Assumes a Fractional

question 77

Multiple Choice

Any integer variable in an ILP that assumes a fractional value in the optimal solution to the relaxed LP problem can be designated

• A) a diverging variable.
• B) a branching variable.
• C) a bifurcating variable.
• D) a splitting variable.

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Definitions:

Elastic

A characteristic of demand or supply indicating a high responsiveness to changes in price.

Pure Rent

Income received by a landowner for the use of a natural resource, land, or location that is essentially in fixed supply.

Pure Rent

Income earned from owning a resource completely fixed in supply, with no additional production cost.

Fixed Supply

A situation where the quantity of a good available is constant and does not change with price.