Question

The value of 8 will always be included in any range produced by sensitivity analysis True...

The value of 8 will always be included in any range produced by sensitivity analysis

True / False

Homework Answers

Answer #1

Answer: False

The allowable increase or decrease associated with the original coefficient of a decision variable in sensitivity analysis tells us the range in which the coefficient of a given decision variable in the objective function may be increased or decreased without changing the optimal solution, where all other data are fixed.

Thus, there is no significance of value of 8 in determination of any of the range produced by sensitivity analysis i.e. range could take any value and it is not strictly bounded of taking value of 8 in its range.

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