For a location problem, if the variables are defined as xi = 1 if an outlet store is established in region i and 0 otherwise, the objective function is best defined by _____ for i = 1, 2, …, n number of outlet stores included in the problem.
A) Min(∑xi)
B) Max(∑xi)
C) Min(πxi)
D) Max(πxi)

Question

Quizplus · Accepted Answer

For a location problem, if the variables are defined as xᵢ = 1 if an outlet store is established in region i and 0 otherwise, the objective function is best defined by Min(∑xᵢ) for i = 1, 2, …, n number of outlet stores included in the problem.

For a Location Problem, If the Variables Are Defined as Xi