Question: Given the following linear programming model: Minimize Z = 300 x1 + 100 x2 subject to x1 + x2 >= 40 6 x1 + 2

Given the following linear programming model:

Minimize Z = 300 x1 + 100 x2 subject to x1 + x2 >= 40 6 x1 + 2 x2 >= 120 4 x1 + 16 x2 >= 240 x1, x2 >= 0

a. Solve the LP model graphically and explain the solution result.

b. Develop a spreadsheet model and solve using Excel Solver. What is the optimal solution?

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