23. In the facility location problem we discussed in class, we needed to model the decision...
23. In the facility location problem we discussed in class, we needed to model the decision to build a facility. What type of variable did we use to model this? (a) A continuous variable (b) A random variable (c) A binary variable (d) A non-binary variable
Homework Answers
Solution:
Option C
For modeling the decision to determine whether or not the facility should be built, the best usage will be through the use of Binary variable. The binary variable will be able to provide binary values of 0 or 1 stating that we should not and we should set up the facility respectively. Hence, the correct choice is a binary variable.
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23. In the facility location problem we discussed in class, we
needed to model the decision...
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