Briefly explain these terms: a. Basic variable. b. Shadow price. c. Range of feasibility. d. Range of

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Briefly explain these terms:
a. Basic variable.
b. Shadow price.
c. Range of feasibility.
d. Range of optimality.

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Operations Management

ISBN: 978-0078024108

12th edition

Authors: William J Stevenson

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Question Posted: Dec 30, 2014 07:07 AM

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Briefly explain these terms: a. Basic variable. b. Shadow price. c. Range of feasibility. d. Range of

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a Basic variable In a linear programming solution it is a variable not equal to zero b Shadow p...View the full answer

Operations Management

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