The Dual Problem Application and Economic Interpretation

EasyChair Preprint 5339

Abstract

The idea of this paper is based on the fact that through the dual problem of linear programming to find the optimal solution that reflects the full information for the solution of original problem. In particular, the dual problem provides important information in economic terms in connection with specific conditions imposed at the time of formulation of problem. The investigation is made by an example of sensitivity analysis-economic interpretation as a potential tool for optimizing the production process, supposing that we have a primary problem of mixed products and the goal is to determine the levels of production that provide maximum profit.

Keyphrases: dual problem, economic interpretation, optimal solution, sensitivity analysis

@booklet{EasyChair:5339,
  author    = {Kumbim Shala and Altin Dorri},
  title     = {The Dual Problem Application and Economic Interpretation},
  howpublished = {EasyChair Preprint 5339},
  year      = {EasyChair, 2021}}