Presentation is loading. Please wait.

Presentation is loading. Please wait.

Sensitivity Analysis and

Similar presentations


Presentation on theme: "Sensitivity Analysis and"— Presentation transcript:

1 Sensitivity Analysis and
Chapter 3 Linear Programming: Sensitivity Analysis and Interpretation of Solution

2 Contents Introduction to Sensitivity Analysis
Graphical Sensitivity Analysis Simultaneous Changes

3 Introduction In this chapter we will discuss:
changes in the coefficients of the objective function changes in the right-hand side value of a constraint

4 Sensitivity Analysis 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 the right-hand side (RHS) values Sensitivity analysis is important to the manager who must operate in a dynamic environment with imprecise estimates of the coefficients. Sensitivity analysis allows him to ask certain what-if questions about the problem.

5 Example 1 LP Formulation

6

7 Example 1 LP Formulation Max 5x1 + 7x2 s.t. x1 < 6

8

9

10

11

12


Download ppt "Sensitivity Analysis and"

Similar presentations


Ads by Google