Question: 7 - 3 1 Consider the following LP problem: Maximize profit = 5 X + 6 Y subject to 2 X + Y < =

7-31 Consider the following LP problem: Maximize profit=5X+6Y subject to2X+Y<=120,2X+3Y<=240X,Y>=0 What is the optimal solution to this problem? Solve it graphically. If a technical breakthrough occurred that raised the profit per unit of X to $8, would this affect the optimal solution? Instead of an increase in the profit coefficient X to $8, suppose that profit was overestimated and should only have been $3. Does this change the optimal solution? 7-32 Consider the LP formulation given in Problem 7-31. If the second constraint is changed from 2X +3Y<=2402X +3Y<=240 to 2X+4Y<=240,2X+4Y<=240, what effect will this have on the optimal solution?

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