The sensitivity range for a constraint quantity value is the range over which the shadow price is valid.

Question

Quizplus · Accepted Answer

This statement is true. The sensitivity range for a constraint quantity value is the range of allowable values over which the shadow price (i.e. the marginal value of the constraint) remains valid. Within this range, the objective function coefficients can change without affecting the current optimal solution. Outside this range, the shadow price may no longer be valid and a new optimal solution may need to be found.

The Sensitivity Range for a Constraint Quantity Value Is the Range