Question: Note: please use paper and pen no need for programs so i can learn Problem 3 Consider this LP formulation: Minimize Z= 2X+Y subject to

Note: please use paper and pen no need for programs so i can learn
Problem 3 Consider this LP formulation: Minimize Z= 2X+Y subject to 2X + 4Y 60 8X + 2Y 160 X-Y 0, Y20 a) Illustrate the feasible region graphically. b) Apply the isocost line procedure to find which corner point produces the optimal solution. (Hint: You may let Z = 100 to draw the isocost line) c) What is the optimal solution (X, Y) and the optimal value (Z) for thisStep by Step Solution
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