Highlights
Integer Linear Programming
Integer linear programming problems are linear programming problems with the additional restriction that some or all of the variables must have integer values.
If all variables are required to be integers, then the linear programming problem is referred to as a pure integer linear programming problem. Otherwise, the problem is a mixed integer linear programming problem.
Many practical situations require a number of interrelated yes or no decisions. These decisions can be represented by variables that are restricted to just two values, 0 or 1. Such variables are called binary variables.
Example 1
Over a 3-year planning horizon, an investor can invest in the following projects
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