Article ID: | iaor19981890 |
Country: | Netherlands |
Volume: | 85 |
Issue: | 3 |
Start Page Number: | 625 |
End Page Number: | 635 |
Publication Date: | Sep 1995 |
Journal: | European Journal of Operational Research |
Authors: | Crema Alejandro |
Keywords: | Lagrangean relaxation |
Recently a new concept of shadow price, the average shadow price, based on the average and not on the marginal contribution of a resource, has been developed for pure Integer Linear Programming problems. In this paper we prove that average shadow prices can be used in a Mixed Integer Linear Programming problem and that some of its properties are analogous with the properties of shadow prices in a Linear Programming problem. A natural link with the right-hand-side parametric problem leads us to a proof of completeness for parametric analysis.