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Optimal sampling and the right‐hand side of a linear program: Sensitivity analysis revisited

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  • Andrew F. Daughety

Abstract

This paper examines right‐hand side sensitivity analysis in linear programming as a problem in optimal sampling. Specifically, the insensitivity point of a solution is defined as the point at which the expected gain from increased accuracy in the prediction of a resource level is equal to the expected cost of procuring the information. The problem is structured using the rudiments of optimal statistical decision theory.

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  • Andrew F. Daughety, 1978. "Optimal sampling and the right‐hand side of a linear program: Sensitivity analysis revisited," Naval Research Logistics Quarterly, John Wiley & Sons, vol. 25(4), pages 659-665, December.
    • Handle: RePEc:wly:navlog:v:25:y:1978:i:4:p:659-665
    DOI: 10.1002/nav.3800250408
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