Consider the following questions regarding the Solver Answer and Sensitivity Rep
ID: 3243564 • Letter: C
Question
Consider the following questions regarding the Solver Answer and Sensitivity Report and answer below whether the answer is "Binding", "Non-Binding", or "Slack":
1.) If a constraint has Slack of zero, then the constraint called
2.) If the LHS minus RHS has a value other than 0, this difference is called
3.) If LP Sensitivity Report provides a Shadow Price that is zero, it applies to what type of constraint
The answer to the following question will be either True or False:
4.)If the Allowable Increase in a decision variable coefficient is increased, but NOT exceeded, then the optimal values of the decision variables will NOT change.
Explanation / Answer
1.) If a constraint has Slack of zero, then the constraint called Binding
2.) If the LHS minus RHS has a value other than 0, this difference is called Slack
3) If LP Sensitivity Report provides a Shadow Price that is zero, it applies to what type of constraint
=Non-Binding
The allowable increase/decrease associated with the original coefficient of adecision variable tells us the range in which the coefficient of a given decision variable in the objective function may be increased/decreased without changing the optimal solution, where all other data are fixed.
hence True
a