What is a shadow price? How does the concept relate to the dual of an LP problem?

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What is a shadow price? How does the concept relate to the dual of an LP problem? How does it relate to the primal?

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Quantitative Analysis for Management

ISBN: 978-0132149112

11th Edition

Authors: Barry render, Ralph m. stair, Michael e. Hanna

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Question Posted: Oct 10, 2012 02:54 AM

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What is a shadow price? How does the concept relate to the dual of an LP problem?

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A shadow price or dual pricing is the value of one a...View the full answer

Quantitative Analysis for Management

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