Which of the following is true about generating alternatives in binary optimization?
a. If the second-best solution is very close to optimal, it is always preferred over the true optimal solution because of factors outside the model.
b. If alternative solutions exist, it would not help management because some factors that make one alternative are not preferred over the factors that make another alternative.
c. If the solution is a unique optimal solution, it would be good for management to know how much worse the second-best solution is than the unique optimal solution.
d. If any alternative solution exists, it would only be a second-best next to the optimal solution because there is no third-best or an alternative second-best solution to any binary integer programming problem.
C
You might also like to view...
Which of the following is a recurring item?
a. Equity in earnings of nonconsolidated subsidiaries b. Error of a prior period c. Discontinued operations d. Extraordinary gain e. Cumulative effect of change in accounting principle
Stubbs Company uses the perpetual inventory method and the weighted-average cost flow method. On January 1, Year 2, Stubbs purchased 950 units of inventory that cost $7.50 each. On January 10, Year 2, the company purchased an additional 600 units of inventory that cost $5.00 each. If the company sells 1300 units of inventory for $15 each, what is the amount of gross margin reported on the income statement? (Round your intermediate calculations to two decimal places.):
A. $11,754 B. $11,011 C. $18,000 D. $15,625
The American economy is now characterized as a(n) ____ economy.
A. industrial B. centralized C. service D. stagnant E. bureaucratic
A transportation problem with 3 sources and 4 destinations will have 7 decision variables
a. True b. False Indicate whether the statement is true or false