1.Explain how the applications of Integer programming differ from those of linear programming.
Why is “rounding-down” an LP solution a suboptimal way to solve Integer programming problems?
Why is “rounding-down” an LP solution a suboptimal way to solve Integer programming problems?
2. Explain the characteristics of integer programming problems. Give specific instances in which you would use an integer programming model rather than an LP model. Provide real-world examples.
3. Can we apply transshipment models to inventory applications? Why or why not?Is the transportation model an example of decision making under certainty or decision making under uncertainty? Why?
4. Explain the assignment model and how it facilitates in solving transportation problems.
What benefits would be gained from using this model?
What benefits would be gained from using this model?
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