Question: Graphical Solution and Range of Optimality for Objective Function Coefficients. Consider the linear program below and answer the following. LO 1 , 4 Min s
Graphical Solution and Range of Optimality for Objective Function Coefficients. Consider the linear program below and answer the following. LO Min stXYXY$ XY$ XY$ A B $ a Use the graphical solution procedure to find the optimal solution. b Assume that the objective function coefficient for X changes from to Does the optimal solution change? Use the graphical solution procedure to find the new optimal solution.c Assume that the objective function coefficient for X remains but the objective function coefficient for Y changes from to Does the optimal solution change? Use the graphical solution procedure to find the new optimal solution.d The computer solution for the linear program in part a provides the following objective coefficient range information:Variable XYObjective CoefficientAllowable IncreaseAllowable DecreaseHow would this objective coefficient range information help you answer parts b and c prior to resolving the problem?
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