As the leader of an oil-exploration drilling venture, you must determine the least cost selection of 5 out of 10 possible sites. Label the sites S1, S2,. . . , S10, and the exploration costs associated with each as C1, C2, . . . , C10. Regional development restrictions are such that: (i) Evaluating sites S1 and S7 will prevent you from exploring site S8. (ii) Evaluating site S3 or S4 prevents you from assessing site S5. (iii) Of the group S5, S6, S7, S8, only two sites may be assessed. Formulate an integer program to determine the minimum-cost exploration scheme that satisfies these restrictions

icon
Related questions
Question

As the leader of an oil-exploration drilling venture, you must determine the least cost
selection of 5 out of 10 possible sites. Label the sites S1, S2,. . . , S10, and the exploration
costs associated with each as C1, C2, . . . , C10. Regional development restrictions are
such that:
(i) Evaluating sites S1 and S7 will prevent you from exploring site S8.
(ii) Evaluating site S3 or S4 prevents you from assessing site S5.
(iii) Of the group S5, S6, S7, S8, only two sites may be assessed.


Formulate an integer program to determine the minimum-cost exploration scheme that
satisfies these restrictions

 

Expert Solution
trending now

Trending now

This is a popular solution!

steps

Step by step

Solved in 3 steps

Blurred answer
Similar questions