If we discount the annual payments from winning the lottery at 10%, the corresponding present value is greater than if we discount the annual payments at 12%

Indicate whether the statement is true or false.

Answer: TRUE

Business

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In goal programming, the objective is typically to maximize the sum of the deviational variables

Indicate whether the statement is true or false

Business

Table 10-3 presents an integer programming problem. Suppose you wish to add a constraint that stipulates that both alternative 2 and alternative 3 must be selected, or neither can be selected. How would this constraint be written?

A) X2 = X3 B) X2 ? X3 C) X2 ? X3 D) X2 + X3 = 1 E) None of the above

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