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Connection between reduced costs and the range of optimality

Explain the connection between reduced costs and the range of optimality, and between dual prices and the range of feasibility.

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The range of optimality for each coefficient provides the range of values over which the current solution will be optimal. When using range of optimality, only one coefficient can be changed at a time. The amount in which the objective ...

Solution Summary

The solution explains the relation between reduced costs and the range of optimality, and between dual prices and the range of feasibility. It's about 175 words with no references.

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