Mixed IP Formulation Requires That

question 64

Multiple Choice

Mixed IP formulation requires that:

• A) all decision variables must be integer
• B) the optimal objective function value must be integer
• C) some decision variables must be integer
• D) some decision variables and the optimal value of the objective function must be integer

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Definitions:

High-value

Denoting items or activities that are of significant worth, importance, or benefit.

Low-value

Refers to products, services, or attributes perceived as offering minimal benefit or worth in comparison to their cost or significance.

Combinations

The act of combining or joining two or more elements together to form a whole.

English Auction

A bidding process where participants bid openly against one another, and the item is sold to the highest bidder.