In a BIP Problem with 2 Mutually Exclusive Alternatives, X1

question 3

Multiple Choice

In a BIP problem with 2 mutually exclusive alternatives, x1 and x2, the following constraint needs to be added to the formulation if one alternative must be chosen:

• A) x1 + x2 ≤ 1.
• B) x1 + x2 = 1.
• C) x1 - x2 ≤ 1.
• D) x1- x2 = 1.
• E) None of the choices is correct.

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Definitions:

Economic Gain

The increase in wealth or resources resulting from the profitable activities of individuals or businesses.

Self-interest

The consideration of one's own advantages or benefits in decision making or behavior.

Productivity

The measure of efficiency of a person, machine, factory, system, etc., in converting inputs into useful outputs.

Scientific Management

A theory of management that analyzes and synthesizes workflows, aiming to improve economic efficiency, especially labor productivity, by scientific means.