Question: Consider this LP formulation: Graphically illustrate the feasible region and apply the isocost line procedure to indicate which corner point produces the optimal solution. What

Consider this LP formulation:

Graphically illustrate the feasible region and apply the isocost line procedure to indicate which corner point produces the optimal solution. What is the cost of this solution?

Minimize cost Sx 2Y subject to 8X 2Y 2 160 3x 2Y 120 Y S 70 X, Y 2 0

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