The _____ for a Decision Variable Is the Shadow Price

question 34

Multiple Choice

The _____ for a decision variable is the shadow price of the nonnegativity constraint for that variable.

• A) range of optimality
• B) slack value
• C) reduced cost
• D) range of feasibility

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Definitions:

Existential Import

The implication that a statement or proposition has concerning the existence of certain entities.

Rules Of Validity

Refer to the principles determining the correctness of the logical structure of arguments.

Modern View

Contemporary perspectives or theories on a subject, reflecting the latest developments, ideas, or attitudes in contrast to older viewpoints.

Immediate Inference

A process in deductive reasoning that involves deriving a conclusion from a single premise without the need for additional premises.