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Author:Wallace, S.
Title:Decision making under uncertainty: is sensitivity analysis of any use?
Journal:Operations Research
2000 : JAN-FEB, VOL. 48:1, p. 20-25
Index terms:OPERATIONAL RESEARCH
DECISION ANALYSIS
SENSITIVITY ANALYSIS
Language:eng
Abstract:Sensitivity analysis, compared with parametric optimization, is often presented as a way of checking if the solution of a deterministic linear program is reliable -- even if some of the parameters are not fully known but are instead replaced by a best guess, often a sample mean. It is customary to claim that if the region over which a certain basis is optimal is large, one is fairly safe by using the solution of the linear program.
SCIMA record nr: 215017
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