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 . Which of the above are correct?
Pick an option to check your answer.