Binary Integer LP – Capital Budgeting – Formulation + Solution
This video shows how to formulate a binary integer problem and solve in Excel.
00:00 Intro
00:33 Defining Decision Variables
00:55 Objective Function
01:07 Budget Constraints
02:45 Logical Constraints
03:59 Setting up for Solver in Excel
07:10 Activating Solver in Excel
07:29 Using Solver to Solve the model
0-1 Binary Constraints Examples: • 0-1 Binary Constraints | Integer Line...