If the right-hand side of a constraint changes beyond its allowable range, does the shadow price just stay the same or change?
Welcome!
This community is for professionals and enthusiasts of our products and services.
Share and discuss the best content and new marketing ideas, build your professional profile and become a better marketer together.
This question has been flagged
2
Replies
45
Views
The current shadow price becomes invalid. Beyond the range of feasibility, the optimal basis changes, meaning a new corner point becomes optimal with a different shadow price.
If the right-hand side changes past its allowable range, the shadow price will change. This happens because a different resource becomes the new bottleneck, meaning the old shadow price is no longer accurate.
Enjoying the discussion? Don't just read, join in!
Create an account today to enjoy exclusive features and engage with our awesome community!
Sign up