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 1,4 Min s.t. 8X112Y 1X13Y$ 92X12Y$ 106X12Y$ 18 A, B $ 0 a. Use the graphical solution procedure to find the optimal solution. b. Assume that the objective function coefficient for X changes from 8 to 6. 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 8, but the objective function coefficient for Y changes from 12 to 6. 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 X Y Objective Coefficient 8.0000012.00000 Allowable Increase 4.0000012.00000 Allowable Decrease 4.000004.00000 How would this objective coefficient range information help you answer parts (b) and (c) prior to re-solving the problem?

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