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Q76Section III (Statistics)76 of 145

Sensitivity analysis gives ranges, and a new constraint can only hurt

Consider the statements: 1. Sensitivity analysis provides a single value within which a parameter may change without affecting optimality. 2. While performing sensitivity analysis, the upper bound infinity on the right hand side of a constraint means that the constraint is redundant. 3. When an additional constraint is added in the LP models, the existing optimal solution can further be improved if zj−cj≥0z_j-c_j\ge0. Which of the above are correct?

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