​Use a Graph to Illustrate Why a Change in an Objective

question 52

Essay

​Use a graph to illustrate why a change in an objective function coefficient does not necessarily lead to a change in
the optimal values of the decision variables, but a change in the right-hand sides of a binding constraint does lead to
new values.

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Definitions:

Feedback Signal

A signal sent back to the control system from the output, used to correct or adjust the system to maintain desired performance.

Set Point

The desired or target value for a process variable in a control system.

Error Signal

A feedback signal indicating the difference between a desired setpoint and the actual output, used to correct system performance.