The objective coefficient ranging analysis, discussed in the last example, is useful for accessing the effects of changing costs and returns on the optimal solution if each objective function ...

This is a preview. Log in through your library . Abstract A method is proposed for finding a closed form expression for the cumulative distribution function (CDF) of the maximum value of the objective ...

Simple solution of a linear program is often not enough. A manager needs to evaluate how sensitive the solution is to changing assumptions. The LP procedure provides several tools that are useful for ...

Traditional sensitivity analysis in linear programming usually focuses on variations of one coefficient or term at a time. The tolerance approach was proposed to provide a decision maker with an ...