Question: Solve the following LP problem graphically by using the isocost line approach. Find the optimal point and cost. Minimize cost = 24X1 + 28X2 subject

Solve the following LP problem graphically by

Solve the following LP problem graphically by using the isocost line approach. Find the optimal point and cost. Minimize cost = 24X1 + 28X2 subject to 5X1 +4X2 5 2,000 X1 80 X1 + X2 > 300 X2 2100 X1, X2 20 (7 marks)

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