The improvement in the value of the objective function per unit increase in a right-hand side is the?

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2026-05-01 09:45

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The improvement in the value of the objective function per unit increase in a right-hand side is known as the shadow price or dual value. It reflects how much the objective function's value will change with a one-unit increase in the corresponding constraint's right-hand side, assuming all other factors remain constant. Shadow prices are particularly useful in linear programming and resource allocation problems, as they indicate the worth of relaxing constraints.

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