______ is the range of values of the objective function within which the optimal values of the decision variables will not change.
A)Range of feasibility
B)Range of optimality
C)Range of redundancy
D)Range of continuity

Question

Quizplus · Accepted Answer

The range of optimality is the range of values of the objective function within which the optimal values of the decision variables will not change. This means that any value of the objective function within this range will produce the same optimal solution for the decision variables. The range of optimality is important in sensitivity analysis, as it allows us to determine how much the objective function coefficients can change without affecting the optimal solution.

______ Is the Range of Values of the Objective Function