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Data:
Investment and Operating Costs
Prices: A: $500/ton
B: $950/ton
NOTE: Scale your cost coefficients by dividing them by 100, but remember to
multiply the objective function by 100 when filling in the results table.
1. (4 pts) Sketch the process. Label your continuous and binary variables using the
conventions you adopt in GAMS. State what each binary variable =0 and =1
means.