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December 29th, 2011, 12:55 PM   #1
Joined: Dec 2011

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Decision Analysis...Reduced Cost of Zero

Hi, I am answering some multiple choice questions from a text by Ragsdale.

Could someone please explain the logic behind this question (my text states it as a fact, but I am wondering why it is true...or should I not bother?)


The question:

A variable with a final value equal to its simple lower or upper bound and a reduced cost of zero indicates that
A) an alternate optimal solution exists.**correct answer***
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