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      Bounds on the opportunity cost of neglecting reoptimization in mathematical programming

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      Author(s)
      Oğuz, O.
      Date
      2000
      Source Title
      Management Science
      Print ISSN
      0025-1909
      Publisher
      INFORMS
      Volume
      46
      Issue
      7
      Pages
      1009 - 1012
      Language
      English
      Type
      Article
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      Abstract
      Postoptimality or sensitivity analysis are well-developed subjects in almost all branches of mathematical programming. In this note, we propose a simple formula which can be used to get preliminary bounds on the value of this type of analysis for a specific class of mathematical programming problems. We also show that our bounds are tight.
      Keywords
      Convergence of numerical methods
      Sensitivity analysis
      Postoptimality analysis
      Worst case analysis
      Mathematical programming
      Permalink
      http://hdl.handle.net/11693/25025
      Published Version (Please cite this version)
      https://doi.org/10.1287/mnsc.46.7.1009.12041
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