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Mastering Python for Finance - Second Edition
book

Mastering Python for Finance - Second Edition

by James Ma Weiming
April 2019
Intermediate to advanced
426 pages
11h 13m
English
Packt Publishing
Content preview from Mastering Python for Finance - Second Edition

Integer programming

In the simple optimization problem we investigated earlier, A maximization example with linear programming, the variables were allowed to be continuous or fractional. What if the use of fractional values or results is not realistic? This problem is called the linear integer programming problem, where all the variables are restricted as integers. A special case of an integer variable is a binary variable that can either be 0 or 1. Binary variables are especially useful in model decision-making when given a set of choices.

Integer programming models are frequently used in operational research to model real-world working problems. More often than not, stating nonlinear problems in a linear or even binary fashion requires ...

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Publisher Resources

ISBN: 9781789346466