Sensitivity analyses are used to examine the effects of changes in
A)objective function switching from maximization to minimization or vice versa.
B)technological coefficients.
C)the types of resources available.
D)the number of constraints.

Question

Quizplus · Accepted Answer

Sensitivity analyses are used to examine the effects of changes in the technological coefficients, such as changes in costs or production rates, on the optimal solution of a mathematical program. Sensitivity analyses are not used to examine changes in the objective function or the number of constraints, as these would fundamentally change the problem being solved. Similarly, sensitivity analyses are not used to examine the types of resources available, as these are generally fixed and cannot be easily changed.

Sensitivity Analyses Are Used to Examine the Effects of Changes