Compare to the original total cost value

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Question: Suppose you develop and solve an integer programming model with a cost-minimization objective. Assume the optimal solution yields an objective cell value of $500,000. Now, consider the same linear optimization model without the integer restrictions. That is, suppose you drop the requirement that the decision variable cells be integer-valued and reoptimize with Solver. How does the optimal objective cell value for this modified model (called the LP relaxation of the IP model) compare to the original total cost value of $500,000? Explain your answer.

Reference no: EM133342272

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