Solved

It Has Been Determined That, with Respect to Resource X

Question 70

Multiple Choice

It has been determined that, with respect to resource X, a one-unit increase in availability of X is within the range of feasibility for X and would lead to a $3.50 increase in the value of the objective function. This $3.50 value would be X's


A) range of optimality.
B) shadow price.
C) range of feasibility.
D) slack.
E) surplus.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions