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Which of the following is not a question answered by standard sensitivity analys

ID: 470337 • Letter: W

Question

Which of the following is not a question answered by standard sensitivity analysis information?

a. Over what range can a constraint's right-hand side value without the constraint's dual price possibly changing? b. By how much will the objective function value change if the right-hand side value of a constraint changes beyond the range of feasibility? c. By how much will the objective function value change if a decision variable's coefficient in the objective function changes within the range of optimality? d. If the right-hand side value of a constraint changes, will the objective function value change?

Explanation / Answer

Sensitivity analysis answers the question "By how much will the objective function value change if the right-hand side value of a constraint changes beyond the range of feasibility".

Sensitivity analysis helps to understand how independent variable values will affect the dependent variables. How the uncertainty in the output can be shared and deviated with the best utilisation of inputs.

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