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Everyday Applications of OR Buy it Today!
Primary Objective: Formulate yes-no decisions using 0-1 variables, incorporate these integer variables into a set of constraints, and manipulate a spreadsheet to evaluate alternative decision combinations.
Context: Use 0-1 integer programming model to determine optimal investment
Represent a set of yes-no decisions using 0-1 integer decision variables.
Use a spreadsheet to structure a mathematical problem.
Manipulate a spreadsheet to efficiently solve a mathematical problem.
Integrate 0-1 variables into the formulation of constraints and objectives.