Optimal sampling and the right‐hand side of a linear program: Sensitivity analysis revisited

Andrew Daughety

Naval Research Logistics Quarterly, 1978, vol. 25, issue 4, 659-665

Abstract: This paper examines right‐hand side sensitivity analysis in linear programming as a problem in optimal sampling. Specifically, the insensitivity point of a solution is defined as the point at which the expected gain from increased accuracy in the prediction of a resource level is equal to the expected cost of procuring the information. The problem is structured using the rudiments of optimal statistical decision theory.

Date: 1978
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https://doi.org/10.1002/nav.3800250408

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Working Paper: Optimal Sampling and the Right-Hand-Side of A Linear Program: Sensitivity Analysis Revisited (1976)
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Persistent link: https://EconPapers.repec.org/RePEc:wly:navlog:v:25:y:1978:i:4:p:659-665

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