Explain the definition of pivot

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Reference no: EM131468862

Question: Consider the following one parameter family of linear programming problems (parametrized by μ):

Starting from μ = ∞, use the parametric simplex method to decrease μ until you get to μ = -∞.

Hint: the pivots are straight forward and, after the first couple, a clear pattern should emerge which will make the subsequent pivots easy. Clearly indicate the range of μ values for which each dictionary is optimal.

Reference no: EM131468862

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