JSFiddle - React, Tailwind, and code Playground
HTML
<select size="1" id="part_1">
<option value="var1">var1</option>
<option value="var2">var2</option>
<option value="var3">var3</option>
</select>
<select size="1" id="part_2">
<option value="var4">var1</option>
<option value="var5">var2</option>
<option value="var6">var3</option>
</select>
<img id="target">
CSS
img {
width:100%;
height:100%;
}
body {
min-height:100%;
}
JavaScript
$("select").on('change',()=>{
var part_1=$('#part_1').val();
var part_2=$('#part_2').val();
var link = 'http://my-site/'+part_1+'_'+part_2+'.jpg';
$("#target").attr('src',link);
$("#target").attr('alt',link);
});