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Consider a partial output from a cost minimization problem that has been solved to optimality. Name Labor Time Final Val
Posted: Fri Jul 01, 2022 8:53 am
by answerhappygod
- Consider A Partial Output From A Cost Minimization Problem That Has Been Solved To Optimality Name Labor Time Final Val 1 (139.51 KiB) Viewed 31 times
Consider a partial output from a cost minimization problem that has been solved to optimality. Name Labor Time Final Value 700 It will be zero. It will be more negative. It will be positive. O It will be less negative. Shadow O It will remain at -6. Price -6 Constraint Allowable Allowable R.H. Side Increase Decrease The Labor Time constraint is a resource availability constraint. What will happen to the dual value (shadow price) if the right-hand-side for this constraint increases to 750? 700 100 200