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- Reduced_cost abstract "In linear programming, reduced cost, or opportunity cost, is the amount by which an objective function coefficient would have to improve (so increase for maximization problem, decrease for minimization problem) before it would be possible for a corresponding variable to assume a positive value in the optimal solution. It is the cost for increasing a variable by a small amount, i.e., the first derivative from a certain point on the polyhedron that constrains the problem. When the point is a vertex in the polyhedron, the variable with the most extreme cost, negatively for minimisation and positively maximisation, is sometimes referred to as the steepest edge. Given a system minimize subject to , the reduced cost vector can be computed as , where is the dual cost vector.It follows directly that for a minimisation problem, any non-basic variables at their lower bounds with strictly negative reduced costs are eligible to enter that basis, while any basic variables must have a reduced cost that is exactly 0. For a maximisation problem, the non-basic variables at their lower bounds that are eligible for entering the basis have a strictly positive reduced cost.".
- Reduced_cost wikiPageID "16614405".
- Reduced_cost wikiPageRevisionID "579602869".
- Reduced_cost hasPhotoCollection Reduced_cost.
- Reduced_cost subject Category:Mathematical_optimization.
- Reduced_cost comment "In linear programming, reduced cost, or opportunity cost, is the amount by which an objective function coefficient would have to improve (so increase for maximization problem, decrease for minimization problem) before it would be possible for a corresponding variable to assume a positive value in the optimal solution. It is the cost for increasing a variable by a small amount, i.e., the first derivative from a certain point on the polyhedron that constrains the problem.".
- Reduced_cost label "Reduced cost".
- Reduced_cost sameAs m.03yf26l.
- Reduced_cost sameAs Q7306321.
- Reduced_cost sameAs Q7306321.
- Reduced_cost wasDerivedFrom Reduced_cost?oldid=579602869.
- Reduced_cost isPrimaryTopicOf Reduced_cost.