Chapter 7 – Integer Linear Programming
43. Consider a capital budgeting example with five projects from which to select. Let xi = 1 if project i is selected, 0 if
not, for i = 1,…,5. Write the appropriate constraint(s) for each condition. Conditions are independent.
Choose no fewer than three projects.
If project 3 is chosen, project 4 must be chosen.
If project 1 is chosen, project 5 must not be chosen.
Projects cost 100, 200, 150, 75, and 300 respectively. The budget is 450.
No more than two of projects 1, 2, and 3 can be chosen.
44. Grush Consulting has five projects to consider. Each will require time in the next two quarters according to the table
below.
Revenue from each project is also shown. Develop a model whose solution would maximize revenue, meet the time
b.
The optimal relaxed solution is at X = 4.5, Y = 1.75, and Z = 46.25.
The rounded solution is X = 5, Y = 2.
c.
The optimal solution is at X = 6, Y = 1, and Z = 47.
Graphical solution