operation research You have solved a 3-variable maximisation Linear Program with the objective function ofz = 4x1 + 3x₂ + 7x3. The Linear Program has two "<" constraints, and its optimal solutionis as follows:(x₁, x₂, x3, S₁, S₂) = (7,0,0,2,0), z* = 28.Consider the following situations:• The objective function changes to maximise z = 4x₁ + 7x2 + 7x3.• The objective function changes to maximise z = 3x₁ + 3x2 + 7x3.For each situation above, analyse separately and specifically what must be checked if youwere to determine whether the current basis remains optimal after the change is made. Justifyyour answers.

Objective function: Maximize Z = 4x1+3x2+7x3 x1 = 7 x2 = 0 x3 = 0 Optimal value of Z =…

Answered: You have solved a 3-variable…

Practical Management Science

6th Edition

ISBN:9781337406659

Author:WINSTON, Wayne L.

Publisher:WINSTON, Wayne L.

Chapter9: Decision Making Under Uncertainty

Section: Chapter Questions

Problem 34P

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FIND THE OPTIMUM SOLUTION TO X= Y= MAX Z=
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