is associated with determining the effect of changing: I. objective function coe

Question

is associated with determining the effect of changing: I. objective function coefficients II. right-hand side values of constraints. III. decision variable values A) objective function coefficients and right-hand side values of constraints B) right-hand side values of constraints and decision variable values C) objective function coefficients, right-hand side values of constraints, and decision variable values. D) objective function coefficients and decision variable values. E) None of the choices is correct 4) Which of the following are benefits of what-if analysis? A) It pinpoints the sensitive parameters of the model. B) It gives the new optimal solution if conditions change. C) It tells management what policy decisions to make. D) All of the choices are correct. E) None of the choices is correct. ffirient in the obiective functi

Explanation / Answer

Ans 3: A) objective function coefficients and right-hand side values of constraints.

Explanation: In linear programming, what-if analysis is associated with determining the effect of changing objective function coefficients and right-hand side values of constraints.

Ans 4: A) It pinpoints the sensitive parameters of the model.

Explanation: What-if analysis reveals how close each of the parameters of a linear programming model, which are only estimates of quantities that cannot be determined precisely at this time, needs to be avoided obtaining an erroneous optimal solution, and therefore pinpoints the sensitive parameters.

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