Economic Interpretation of the Dual LP

0:00 Description of the considered example (Romeo Winery)
3:30 Dual LP formulation and optimal solution
5:04 Deriving economic interpretation of the dual by analyzing the units of measure
8:20 Economic interpretation of the dual LP

[한효원-ee]

i love your explanation and pronunciation thanks to your lecture :)

[independentmath]

Thanks for the video about correspondence between dual and optimal solution

[frisovangruijthuijsen]

For a long time, I was thinking about what Dual Variables really meant. This is the most intuitive explanation I've heard so far. Thanks!

[evionlast]

I understand the interpretation but disagree with the philosophy of buying a winery and not selling the finished wine.