Question: For the following problem, formulate the LP and solve graphically. 11. A jewelry store makes necklaces and bracelets from gold and platinum. The store has

For the following problem, formulate the LP and

For the following problem, formulate the LP and solve graphically. 11. A jewelry store makes necklaces and bracelets from gold and platinum. The store has 12 ounces of gold and 16 ounces of platinum. Each bracelet requires 1 ounces of gold and 4 ounces of platinum, whereas each necklace requires 4 ounces of gold and 2 ounces of platinum. The demand for necklace is no more than four. A necklace earns $400 in profit and a bracelet, $200. The store wants to determine the number of bracelets and necklaces to make in order to maximize profit. (5 points)

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