Duality in Linear Programming 4
Let us examine some of the economic properties of the shadow prices associated with the resources. Recall, from Chapter 3, Eq. (11), that the reduced costs are given in terms of the shadow prices as follows: cj =cj − Xm i=1 aij yi (j =1,2,...,n). Since aij is the amount of resource i used per unit of activity j, and yi is the imputed value of ...
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