Question

Suppose that the objective function coefficient for product C increases by $8. What impact will this have on the current values of the optimal solution

Answer 1

When the objective function coefficient for the product increases by $8, the impact on the current values of the optimal solution is that the current solution will change.

What is an objective function?

An objective function simply means the function whose value is to be either maximized or minimized over the alternatives.

In this case, when the objective function coefficient for the product increases by $8, the impact on the current values of the optimal solution is that the current solution will change. The change is due to the varied objectives.

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