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Author Question: A shadow price (or dual value) reflects which of the following in a maximization problem? (Read 105 times)

CharlieWard

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on: Dec 3, 2019
A shadow price (or dual value) reflects which of the following in a maximization problem?
◦ the reduction in cost that would accompany a one unit decrease in the resource
◦ the cost level that must be achieved for profitability
◦ the market price that must be paid to obtain additional resources
◦ the increase in profit that would accompany one added unit of a scarce resource
◦ the marginal gain in the objective realized by subtracting one unit of a resource
Operations Management (Canadian Edition) ¦ Heizer, Render, Griffin ¦ 1st Edition
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Marked as best answer by CharlieWard on Dec 3, 2019

whitcassie

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Reply #1 on: Dec 3, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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CharlieWard

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Reply 2 on: Dec 3, 2019
Excellent

apple

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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