Question: Given the following function for a LP model: Maximize Profit ( $ ) : Z = 6 X + 2 0 Y . Assume that

Given the following function for a LP model:
Maximize Profit ($): Z =6X +20Y.
Assume that the optimal solution is X =3, Y =1, which makes Z = $38.
If the objective coefficient for X is changed to 5. Assume that this does not affect the solution, what is the impact on the objective value?
Question 2 options:
It will decrease by $12
It will increase by $3
it will increase by $12
More information is required to answer this question
It will decrease by $3
it will decrease by $15
it will increase by $15
The solution remains the same, so there will be no change.

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!