Bounds on the Opportunity Cost of Neglecting Reoptimization in Mathematical Programming
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.
Volume (Year): 46 (2000)
Issue (Month): 7 (July)
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- Richard E. Wendell, 1985. "The Tolerance Approach to Sensitivity Analysis in Linear Programming," Management Science, INFORMS, vol. 31(5), pages 564-578, May.
- P. L. Yuf & M. Zeleny, 1976. "Linear Multiparametric Programming by Multicriteria Simplex Method," Management Science, INFORMS, vol. 23(2), pages 159-170, October.
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