Question: 1 ) Solve the following problem using iso - profit lines or level curves. Min 2 x 1 + 3 x 2 S . t

1) Solve the following problem using iso-profit lines or level curves.
Min 2x1+3x2
S.t.
2x1+ x23
4x1+5x220
2x1+8x216
5x1+6x260
x1, x20
(1) has a production capacity of 40,000 lbs. each quarter with a per unit cost of $400 per thousand lbs using regular labor,
(2)may have workers work overtime where the per unit cost increases to $450 per thousand lbs.,
(3) incurs a holding cost of $20 per thousand lbs. at the end of a period.
How many lbs. of paint should PCBCo produce to satisfy demand while minimizing total production and inventory costs? (Hint: The inventory cost is based on the amount stored at the end of the period!)

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