Unformatted text preview: go–no-go integer program, where the decision variables are taken to be x j = 0 or 1, indicating that the j th investment is rejected or accepted. Assuming that c j is the contribution resulting from the j th investment and that a i j is the amount of resource i , such as cash or manpower, used on the j th investment, we can state the problem formally as: Maximize...
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- Spring '11
- Optimization, Capital accumulation, typical capital-budgeting problem, possible plant locations