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MIE376 - Lec 6 IP.page15

MIE376 - Lec 6 IP.page15 - ² if K is very large Æ y =0 Æ...

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15 Introduce a binary variable Let y = 1 if x>0; 0 otherwise Cost captured in the objective: Ky + cx Constraint to satisfy definition of y: x My Where M is a “large” number Thus
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Unformatted text preview: ² if K is very large Æ y =0 Æ x = 0 ² If K is very small Æ y = 1 Æ x is now free to grow ² Otherwise, model will make optimal trade-offs! MIE376 Mathematical Programming...
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