A ____________ is the shadow price of a binding simple lower or ...

[daltonest1984]

A ____________ is the shadow price of a binding simple lower or upper bound on the decision variable.
 a. reduced gradient b. binding constraint
  c. binary variable d. local optimum

Question 2

Prediction of the value of the dependent variable outside the experimental region is called
 a. interpolation. b. forecasting.
  c. averaging. d. extrapolation.

[emily12345]

Answer to Question 1

a
RATIONALE: A reduced gradient is the shadow price of a binding simple lower or upper bound on the decision variable.

Answer to Question 2

d
RATIONALE: Prediction of the value of the dependent variable outside the experimental region is called extrapolation.

[daltonest1984]

Great answer, keep it coming

[scottmt]

YES! Correct, THANKS for helping me on my review