Zero-One Integer Programming
Candlefocus EditorZero-one integer programming works by assigning a value of either 0 or 1 to each variable, depending on the nature of the decision being reached. In these problems, a single or set of mutually exclusive 'yes' or 'no' decisions are used to find optimal solutions to otherwise difficult real-world problems. For example, a company might be tasked with deciding which of two similarly priced products to manufacture. Using 0/1 integer programming, the company can assign a 0 or 1 to each of the products and optimize the variables in order to determine which product will yield the highest profits.
The zero-one integer programming process is unique in its simple approach to very complex problems. The utilization of only two possible solutions for each variable allows for solutions that are straightforward and often easier to work with than other optimization algorithms. As a result, this process can be very useful in decision-making in fields where the outcome is less certain or there is not enough data to indicate which option is the optimal one.
At its core, zero-one integer programming is a mathematical process which takes input variables and translates them into a specific set of propositions that can then be solved with logical consistency. Its applications are broad, as it is particularly useful in helping identify solutions to complex problems in areas such as economics, business, engineering and scheduling. With the right data and a clear understanding of the nature of the problem, the zero-one integer programming problem can provide the 'best' solution with relative ease.