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    Business Analytics
  4. Exam
    Exam 13: Introduction to Prescriptive Analytics
  5. Question
    The Shadow Price, or Dual Price, of a Constraint Is
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The Shadow Price, or Dual Price, of a Constraint Is

Question 7

Question 7

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The shadow price, or dual price, of a constraint is an indication of the change in the optimized value of an objective function in a one unit change in a binding constraint.

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