What is a shadow price in linear programming?
What is a shadow price in linear programming? A shadow price of a resource constraint in linear programming is usually defined as the maximum price which should be paid to obtain an additional unit of re- source. This definition, however, is imprecise and could lead to incorrect decisions.
A shadow price of a resource constraint in linear programming is usually defined as the maximum price which should be paid to obtain an additional unit of re- source. This definition, however, is imprecise and could lead to incorrect decisions.
