I'm looking for a possible solution to find out the maximum number of combinations that can be derived from the given variables. If I'm not mistaken, I think permutations and combinations is the way to go for solving this puzzle.
Question
There are 4 variables:
11
01
10
00
I want to know the total number of combinations using the above variables when divided into two categories.
Example 1
A = 11 - 01
B = 10 - 00
The above makes it 1 set of combination. So in total how many variations can be derived?
Example 2:
A = 01 - 11
B = 10 - 00
and so on..
According to your examples 1 and 2, order within groups matters. If so, then there are $4! = 24$ such ordered partitions. Indeed, they are all generated by ordering the four elements in some way ($4!$ ways to do so) and drawing a line between first two and the last two.