Question: Consider this LP formulation: Minimize cost = $ X + 2 Y subject to X + 3 Y 90 8 X + 2 Y 160
Consider this LP formulation:
Minimize cost = $X + 2Y
subject to X + 3Y 90
8X + 2Y 160
3X + 2Y 120
Y 70
X,Y 0
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?
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