This is output from a MINIMIZATION problem. I want to remind you that when Excel reports dual variables (shadow prices), the shadow price = (Objective value AFTER right hand side change of +1) (Objective value BEFORE RHS change). Excel does not care if the problem is a maximization or a minimization when reporting dual variables (unlike some other solvers).

Answer this question with respect to Output posted in Canvas. Which of the following statements is true? Which of the following statements is true?

Group of answer choices

The value of variable X1 in the optimal solution is 50

The optimal solution value for this problem is -15 and its a minimization problem.

The problem maximizes X1 + X2.

The problem is a minimization problem with an optimal value of 160000

This is output from a MINIMIZATION problem. I want to remind you that when Excel reports dual variables (shadow prices), the shadow price = (Objective value AFTER right hand side change of +1) (Objective value BEFORE RHS change). Excel does not care if the problem is a maximization or a minimization when reporting dual variables (unlike some other solvers). Objective = Minimize (-1*X1) + (-2*X2). X1 OBJ X2 3 VAR--> VALUES 6 -15 MINIMIZE RHS RHS 2 CONSTRAINTS Constraint 1 Constraint 2 Constraint 3 1 = Variable Cells Cell $E$2 $F$2 Name VAR-->X1 VAR--> X2 Final Reduced Objective Allowable Allowable Value Cost Coefficient Increase Decrease 3 0 -1 3 1E+30 6 0 -2 2 1E+30 Constraints Cell Name $K$10