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Bounds on the Opportunity Cost of Neglecting Reoptimization in Mathematical Programming

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  • Osman O\u{g}uz

    ()
    (Department of Industrial Engineering, Bilkent University, 06533 Ankara, Turkey)

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    Abstract

    Postoptimality or sensitivity analysis are well-developed subjects in almost all branches of mathematical programming. In this note, we propose a simple formula which can be used to get preliminary bounds on the value of this type of analysis for a specific class of mathematical programming problems. We also show that our bounds are tight.

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    File URL: http://dx.doi.org/10.1287/mnsc.46.7.1009.12041
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    Bibliographic Info

    Article provided by INFORMS in its journal Management Science.

    Volume (Year): 46 (2000)
    Issue (Month): 7 (July)
    Pages: 1009-1012

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    Handle: RePEc:inm:ormnsc:v:46:y:2000:i:7:p:1009-1012

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    Keywords: sensitivity analysis; tolerance limits; worst-case Analysis;

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