The indicates how much the value of the objective function will change as the right- hand side of a constraint is increased by 1.
A) objective coefficient
B) shadow price
C) binding constraint
D) reduced cost

Question

Quizplus · Accepted Answer

The shadow price reflects how much the value of the objective function is expected to increase or decrease with a one-unit increase in the right-hand side of a constraint, assuming all else remains constant. It is particularly relevant in linear programming problems.

The Indicates How Much the Value of the Objective Function