The change in the optimal objective function value per unit increase in the right-hand side of a constraint is given by the
A)objective function coefficient.
B)shadow price.
C)restrictive cost.
D)allowable increase.

Question

Quizplus · Accepted Answer

The shadow price represents the change in the optimal objective function value per unit increase in the right-hand side of a constraint. Therefore, the correct answer is B. The other choices are not related to this concept.

The Change in the Optimal Objective Function Value Per Unit