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Lecture 11: Sensitivity Part II: Prices

Lecture 11: Sensitivity Part II: Prices. AGEC 352 Spring 2011 – March 2 R. Keeney. Constraint Prices. Shadow price = marginal valuation Marginal -&gt; last or next unit Shadow? an internal price with no actual exchange. Decision maker is both the supplier and demander . .

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Lecture 8: Optimization with a Min objective

Lecture 8: Optimization with a Min objective. AGEC 352 Spring 2012 – February 8 R. Keeney. Upcoming. Today: Minimization lecture Next Week (Week 6) 2/13: Quiz on lecture 4-8; review HW 3 2/14: Lab on Minimization 2/15: Sensitivity Week 7 2/20: Exam Review in Class (Assignment)

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Lecture 18: Topics Integer Program/Goal Program

Lecture 18: Topics Integer Program/Goal Program. AGEC 352 Spring 2011 – April 6 R. Keeney. Assumptions of Classical Linear Programming. There are numerous assumptions that are in place when you solve an LP Proportionality – straight line behavior

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