16 LPP - Economic Interpretation of Duality

How to approach an LPP in 2 different perspectives? Economic interpretation of duality is explained. What is Primal & Dual?
#OR #OperationsResearch #FeasibleSolution #ObjectiveFunction #DecisionVariables #TechnologyCoefficients #Constraints #non-negativityRestrictions #ResourceRequirements #ResourceAvailability #LPP #LinearProgrammingProblem #LPmodel #Transpose #atleast #atmost #maximize #minimize #maximization #minimization #optimal #OpmitalSolution #FeasibleRegion #ObjectiveFunctionCoefficients #RHS_Constants #RHS #LessThanOrEqualTo #MoreThanOrEqualTo #infeasible #feasible #solution #CommonFeasibleRegion #IntersectingArea #SpecialCase #UnboundedSolution
#Degeneracy #FiniteSolution #UnboundedSolutionSpace #AlternateOptima #Slack #Surplus #Artificial #Variables #BigM #pivotal #column #row #element #key #dot_product #coefficient #Basic_Variable #optimality #row_operation #identity_matrix #Unit_matrix #Simplex_method #economic #interpretation #duality #dualipa
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[@neelchanchad5464]

Great Video. I read couple of books to understand economic interpretation but didn't understood. Finally landed to your video and it cleared the economic interpretation concept

[@MadhavanSv67]

Thanks 🙏🏻 a lot

[@fiveten2791]

Thank you, this was very helpful for my homework!

[@MadhavanSv67]

🙏🏻

[@garimababbar7578]

Great video, thank you SIr!

[@MadhavanSv67]

🙏🏻