Mat 540 week 7 discussion

Question # 00000093 Posted By: mac123 Updated on: 07/18/2013 04:34 PM Due on: 07/19/2013
Subject Mathematics Topic General Mathematics Tutorials:
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What does the shadow price reflect in a maximization problem? Please explain

How do the graphical and computer-based methods of solving LP problems differ? In what ways are they the same? Under what circumstances would you prefer to use the graphical approach?

How does sensitivity analysis affect the decision making process? How could it be used by managers?

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