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Managerial Decision Making and Problem Solving

Managerial Decision Making and Problem Solving . Lecture Notes 2 Sensitivity Analysis. Introduction. Sensitivity analysis (or post-optimality analysis) is used to determine how the optimal solution is affected by changes, within specified ranges, in: the objective function coefficients

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What-if Analysis (sensitivity analysis) for Linear Programming

What-if Analysis (sensitivity analysis) for Linear Programming. Introduction. Assumption: The parameters of the model were known with certainty In Reality: the model parameters are simply estimates that are subject to change Example (RMC Problem).

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1.95k views • 33 slides

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Managerial Decision Making and Problem Solving

What-if Analysis (sensitivity analysis) for Linear Programming