5-1 CHAPTER 5 WHAT-IF ANALYSIS FOR LINEAR PROGRAMMING Review Questions 5
1-1 The parameters of a linear programming model are the constants (coefficients or right-hand sides) in the functional constraints and the objective function
1-2 Many of the parameters of a linear programming model are only estimates of quantities that cannot be determined precisely and thus result in inaccuracies
1-3 What-if analysis reveals how close each of these estimates needs to be to avoid obtaining an erroneous optimal solution, and therefore pinpoints the sensitive parameters where extra care is needed to refine their estimates
1-4 No, if the optimal solution will remain the same over a wide range of values for a particular coefficient, then it may be appropriate to make only a fairly rough estimate