5. Sensitivity Analysis for LP - Other uses of Shadow Prices and the meaning of Reduced Costs

This video is part of a lecture series available at / decisionmaking101

[@gideonjaape5905]

Best explanation of the shadow price I could find!

[@vayefendimneymis4956]

Crystal clear explanation !

[@nabilaalyazahra2497]

Accidentally found this video and it is really helpful, thanksss

[@walkerstandard2373]

Thanks for explaining it so concisely! The only thing is there is a faint humming noise in the background, make sure your microphone drivers are updated as that is the likely issue.

[@vaniagrawal4142]

So well explained, thank you! Also love your voice :)

[@madhvim7133]

Thank you for the explanation! It made a lot of sense!

[@DP-yg4pu]

awesome explaination brother

[@OMAR-if6rw]

Thanks a lot sir

[@dhruvshah6212]

Superb explanation

[@qianzhiliang6365]

very helpful, thanks

[@sathanasaetiao8219]

Thank you.

[@jamesjamey8596]

Thanks

[@taylor_br0wn_0]

Every one pump less -> 200$ of profit less
Net gain from one unit of the new product = unit profit (320) - cost of resource