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15 - LP and Sensitivity Analysis, in Brief

from Part III - Formulation and Solution of Linear Programming (LP) Problems

Published online by Cambridge University Press:  17 December 2020

Vassilios S. Vassiliadis ,
Walter Kähm ,
Ehecatl Antonio del Rio Chanona  and
Ye Yuan
Vassilios S. Vassiliadis
Affiliation:
University of Cambridge
Ehecatl Antonio del Rio Chanona
Affiliation:
Imperial College London
Ye Yuan
Affiliation:
Huazhong University of Science and Technology
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Summary

Sensitivity analysis plays an important role in optimization.It deals with “what-if” questions related to changes in the model and predicting their impact on the optimal solution obtained.This chapter focuses on sensitivity analysis of LP problems, and presents the associated derivations and properties in an original, intuitive way.

Keywords

Lagrange multipliersSensitivity analysis
Type
Chapter
Information
Optimization for Chemical and Biochemical Engineering
Theory, Algorithms, Modeling and Applications
 , pp. 161 - 167
Publisher: Cambridge University Press
Print publication year: 2021

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