In a 0-1 Integer Programming Problem Involving a Capital Budgeting

question 27

True/False

In a 0-1 integer programming problem involving a capital budgeting application (where xj = 1, if project j is selected, xj = 0, otherwise) the constraint x1 - x2 ≤ 0 implies that if project 2 is selected, project 1 cannot be selected.

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Hotel Manager

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Marginal Benefit

The extra pleasure or benefit obtained from using an additional unit of a product or service.

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