Question: Read the problem carefully and use the equations in the problem. Then graph the constraints and solve using the corner point approach ONLY. Do NOT

Read the problem carefully and use the equations in the problem. Then

Read the problem carefully and use the equations in the problem. Then graph the constraints and solve using the corner point approach ONLY. Do NOT answer the questions from the textbook. NOTE: It is a minimization problem.

[QX]: 7-23 Consider this LP formulation: Minimizecosts=$X+2YsubjecttoX+3Y908X+2Y1603X+2Y120Y70X,Y0 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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