The Shadow Price of a constraint in Linear Programming indicates how much the value of an objective (optimal) function changes due to a marginal variation in the right-hand side of a constraint. It is assumed that the rest of the model’s parameters remain constant. It should be noted beforehand that the Shadow Price can be […]

# Archivo de Etiquetas (Tags) | Graphical Method

## Linear Programming (Graphical Method)

The Graphical Method (graphic solving) is an excellent alternative for the representation and solving of Linear Programming models that have two decision variables. For this purpose there are computational tools that assist in applying the graphical model, like TORA, IORTutorial and Geogebra. Within this context we will present a series of Linear Programming exercises that have been […]