Q2. LINEAR PROGRAMMING (Minimization problem) (a) Solve the following LP model GRAPHICALLY by drawing all the constraint
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Q2. LINEAR PROGRAMMING (Minimization problem) (a) Solve the following LP model GRAPHICALLY by drawing all the constraint
Q2. LINEAR PROGRAMMING (Minimization problem) (a) Solve the following LP model GRAPHICALLY by drawing all the constraints. Next, draw a specific objective function (i.e., a specific Iso-cost line to start with) assuming an arbitrary value of the objective function. (b) Show the feasible area on the graph. Minimize Cost $28X+$24Y (Iso-Cost Line) s.t. (1) 5X + 4Y ≤ 2600 (2) X+Y ≥ 300 (3) X ≥ 80 (4) Y > 100 X, Y Z 0 Indicate (label) the corner points on the graph and you may evaluate the objective function to verify that your graphical solution is consistent with your corner-point optimal solution. (c) Find the optimal solution (graphically using the ISOCOST LINE) and calculate the optimal (minimum) value). (d) SHOW YOUR WORK.
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