Unit 4: Sensitivity Analysis and Revised Simplex

Feb 22: Lecture 7

Contents:

  • Economic Interpretation of Duality Theory (added to slides from lec 5)
  • Sensitivity Analysis (slides from lec 6)

Resources:

  • Slides: [PDF]
  • LN pp 56-76 (excluded sec. 3.5): [PDF]
  • Reading about sensitivity analysis [HL sc 7.1, 4.7]

Feb 23: Lecture 8

  • Revised Simplex (see Lecture 7 above)
  • (Midway course evaluation)

Resources:

  • LN [PDF]
  • Reading about the revised simplex: [F, sec 4.3]; [Ch ch 7]; [HL ch 5]; [Va 6.1-6.5]

Feb 26: Exercise 4

  • Sheet 4. [PDF]; Solutions: [PDF]