Sensitivity Formula:
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Definition: Sensitivity analysis measures how changes in constraints affect the optimal solution in linear programming problems.
Purpose: It helps decision-makers understand the robustness of their solution and how much constraints can change before the optimal solution changes.
The calculator uses the formula:
Where:
Explanation: The ratio shows how much the objective function changes per unit change in the constraint.
Details: Understanding sensitivity helps in decision-making when parameters are uncertain or likely to change, and in identifying critical constraints.
Tips: Enter the change in objective function value and the corresponding change in constraint value. The constraint change must be non-zero.
Q1: What does a high sensitivity value mean?
A: A high value means the objective function is very responsive to changes in this constraint.
Q2: Can sensitivity be negative?
A: Yes, negative sensitivity indicates an inverse relationship between the constraint and objective.
Q3: How is this different from shadow price?
A: Shadow price is the sensitivity at the optimal solution, while this calculator computes general sensitivity.
Q4: What units does sensitivity have?
A: Units are (objective function units)/(constraint units).
Q5: When would sensitivity be zero?
A: When changes in the constraint don't affect the objective function (non-binding constraint).