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Direct linkSoon, Wanmei; Ye, Heng-Qing – International Journal of Mathematical Education in Science and Technology, 2011
In this article, we examine the use of a new binary integer programming (BIP) model to detect arbitrage opportunities in currency exchanges. This model showcases an excellent application of mathematics to the real world. The concepts involved are easily accessible to undergraduate students with basic knowledge in Operations Research. Through this…
Descriptors: Undergraduate Students, Operations Research, Numbers, Programming
