Operations research
DM thread
Sensitivity Analysis: How Far Can a Price Move?
My LP profit changed slightly. Do I need to re-solve everything?
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Lesson notes
Takeaway: Within the range of optimality, the optimal corner does not move.
Quick check: What stays the same when a cost coefficient moves within its range of optimality?
- The optimal solution point
- The objective function value
- Every shadow price only
Within the range the same corner stays optimal, though total profit may change.
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