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September 30-October 2.docx

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Wojtek Michalowski

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Chapter 5 SENSITIVITY (What-if Analysis) LP Sensitivity Analysis  Once we have determined an optimal solution to LP we must ask: – “How sensitive is this solution with regard to changes in each of the data elements of the original formulation?”  Key data elements are: 1 - Objective function coefficients 2 - Constraint Right-hand Side values Types of Sensitivity Analyses  Objective function coefficient ranging – “How much could a single cj value change without changing the current set of variables and their values in the existing optimal solution ?”  Constraint Right-hand Side ranging – “What is the range of values for the RHS of the each original constraint such that the current set of basic variables (but not their values!) is still optimal ?” LP Types of Sensitivity Anal
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