Question: A) Graph the constraints, and B) Solve using the corner point approach, not the isocost line (note: is minimization and objective function is Minimize cost
A) Graph the constraints, and B) Solve using the corner point approach, not the isocost line (note: is minimization and objective function is Minimize cost = $1X + $2Y) CONSIDER THIS LP FORMULATION: MINIMIZE COST= 5X + 2Y SUBJECT TO X + 3Y>- 90 8X+2Y>- 160 3X+2Y>- 120 Y<- 70 X,Y>- 0
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