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Discuss conditional and corequisite constraints

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Agree or Disagree and Why?

Discuss conditional and corequisite constraints

A Conditional Constraint includes binary variables in which they deny specific variables to equal one. In special cases they are allowed to equal one, when specific variables are equal to one as well. 

A Corequisite constraint involves binary variables as well, however; two binary variables must be equal and must be either in or out of the solution. 

Discuss time-cost trade offs

Time-cost tradeoff is the relationship between the time it takes to finish a project and the cost of the project. Furthermore, time-cost trade off aims to decrease the original amount of time to complete the project. This means analyzing the critical path analysis and eyeing the specific amount of time needed while utilizing the least cost. 

Time-Cost Trade-offs. (n.d.). Retrieved from Net MBA : https://www.netmba.com/operations/project/time-cost/

Williams, D. (2015). Quantitative Methods for Business. Retrieved from VitalSource Bookshelf: https://bookshelf.vitalsource.com/#/books/9781305480568/

Reference no: EM132590466

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