How do shadow prices change if a model constraint is transformed from a ≤ to an = constraint?
Welcome!
This community is for professionals and enthusiasts of our products and services.
Share and discuss the best content and new marketing ideas, build your professional profile and become a better marketer together.
This question has been flagged
1
Reply
116
Views
When a constraint is changed from ≤ to =, it becomes binding, meaning any change in the resource level will directly affect the optimal solution. If the constraint was previously non-binding, it now has a shadow price. If it was already binding, the shadow price may increase, decrease, or stay the same, depending on how the equality affects solution flexibility and the optimal objective value.