What is the effect of changing a constraint's right-hand side in sensitivity analysis?
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Changing a constraint's right-hand side in sensitivity analysis changes the constraint's binding status, potentially altering the optimal solution, dual prices, and allowable ranges, if the change causes the constraint to become binding or non-binding.
Changing a constraint's right-hand side in sensitivity analysis affects the feasible region and can alter the optimal solution. It may:
- Shift the Feasible Region: Expanding or contracting the area of feasible solutions.
- Change the Optimal Solution: Potentially leading to a new optimal solution if the change is significant.
- Affect Shadow Prices: Modifying the value of resources associated with that constraint.
Overall, it helps assess how sensitive the solution is to variations in resource availability or constraints.