A change in the values of an objective function can cause a change in the optimal solution. There is a range of values for which the optimal values of the decision variables will not change. What is this range referred to as?
Question
A change in the values of an objective function can cause a change in the optimal solution. There is a range of values for which the optimal values of the decision variables will not change. What is this range referred to as?
Solution
The range of values for which the optimal values of the decision variables will not change is referred to as the "sensitivity range" or "range of optimality."
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