A shadow price indicates how much the optimal value of the objective function will increase per unit increase in the right-hand side of a constraint.
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Q13: The term "allowable range for an objective
Q14: The term "allowable range for the right-hand-side"
Q15: It is usually quite easy to find
Q16: The purpose of a linear programming study
Q17: When maximizing profit in a linear programming
Q19: If the change to a right-hand side
Q20: The allowable range for an objective function
Q21: Managerial decisions regarding right-hand sides are often
Q22: If a change is made in only
Q23: What-if analysis can:
I. be done graphically for
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