A Firm Has Prepared the Following Binary Integer Program to Evaluate

question 32

Multiple Choice

A firm has prepared the following binary integer program to evaluate a number of potential locations for new warehouses. The firm's goal is to maximize the net present value of their decision while not spending more than their currently available capital.
Max 20x1 + 30x2 + 10x3 + 15x4
s.t. 5x1 + 7x2 + 12x3 + 11x4 ? 21 {Constraint 1}
X1 + x2 + x3 + x4 ? 2 {Constraint 2}
X1 + x2 ? 1 {Constraint 3}
X1 + x3 ? 1 {Constraint 4}
X2 = x4 {Constraint 5} $$x _ { j } = \left\{ \begin{array} { l } 1 , \text { if location } j \text { is selected } \\0 , \text { otherwise }\end{array} \right.$$
Which of the constraints enforces a mutually exclusive relationship?

• A) Constraint 1
• B) Constraint 2
• C) Constraint 3
• D) Constraint 4
• E) Constraint 5

Understand the principles of insurance replacement value and how it applies to personal property losses.

Identify which scenarios and items are typically covered under a standard home insurance policy.

Differentiate between the types of homeowner's insurance forms and choose the appropriate one for specific needs.

Recognize the coverage specifics of renter's and umbrella insurance policies.

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Definitions:

Child and Family Services Act

Legislation aimed at protecting the welfare and rights of children and families, often by providing services and support for children's safety and well-being.

Assisted Human Fertility Act

Legislation aimed at regulating the use of reproductive technologies and treatments to support individuals in achieving pregnancy.

In Vitro Fertilization

A medical procedure whereby an egg is fertilized by sperm outside the body, in a laboratory dish, and then the embryo is implanted in the uterus.

Surrogacy

When a woman becomes pregnant and gives birth to a baby in order to give it to another person or couple.