Question: Consider the following financial problem: Maximize return on investment = $2X, + $3X, subject to 6X, +9X, 18 9X+3X229 X,X, 0 Find the optimal solution

Consider the following financial problem:

Maximize return on investment = $2X, + $3X,

subject to

6X, +9X, 18

9X+3X229

X,X, 0

  1. Find the optimal solution using the simplex method.
  2. What evidence indicates that an alternate optimal solution exists?
  3. Find the alternate optimal solution.
  4. Solve this problem graphically as well, and illustrate the alternate optimal corner points.

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