Question: 1 . Given the following function for a LP model:Maximize Profit ( $ ) : Z = 8 X + 1 5 Y . Assume

1.Given the following function for a LP model:Maximize Profit ($): Z =8X +15Y.Assume that the optimal solution is X =4, Y =2, which makes Z = $62.If the objective coefficient for X is changed to 7. Assume that this does not affect the solution, what is the impact on the objective value?Question 5 options:It will decrease by $4It will decrease by $9it will decrease by $28The solution remains the same, so there will be no change. it will increase by $28More information is required to answer this question it will increase by $9It will increase by $4
Q2 Assume that you have the following constraint as a part of LP model : X+ Y <=50
If the RHS of this constraint is changed to 54.Assume that the shadow price is 1. What is the impact on objective value?
Options- More info is required to solved this question
Objective value will increase by 27.
Objective value will increase by 54.
Objective value will decrease by 4.
Objective value will decrease by 54.
Objective value will decrease by 27.
Objective value will increase by 4.

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