Comments

  1. avatar says

    This lecture keeps stopping after 7 mins and will not play any further. I have watched the previous lectures with no issues.
    I have updated my flash player and cleared the history/cache etc and still stops at 7 mins – any ideas on what else I need to do – to be able to watch the lectures.

    Thanks
    Shelley

  2. avatar says

    Hi Sir,

    About shadow pricing, How the extra contribution is regarded wholly to the cost? If the contribution is in whole becoming the cost, there is no point to stretch the additional constraint. Because the benefit all becomes the cost.

    • Profile photo of John Moffat says

      What you say is true.
      That is why the shadow price is the most extra we are prepared to pay for one extra unit of the limited resource.
      So…..provided we can get it for less then it is worth having (because the total contribution will increase).

Leave a Reply