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L.P. Model: Minimize Subject to: Z = 4X+3Y 1X + 2Y 240 3X+1Y275 X,Y 20 On the graph on right, constraints C, and C₂ have been plotted. Using the point drawing tool, plot all the corner points for the feasible area. (C₁) (C₂) 100 90- 80- 70- C2 60- 50- 40+ 30- 20 10- 0- J. tet

L.P. Model: Minimize Subject to: Z = 4X+3Y 1X + 2Y 240 3X+1Y275 X,Y 20 On the graph on right, constraints C, and C₂ have been plotted. Using the point drawing tool, plot all the corner points for the feasible area. (C₁) (C₂) 100 90- 80- 70- C2 60- 50- 40+ 30- 20 10- 0- J. tet

Practical Management Science
Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
Section: Chapter Questions
Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...
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example 14a

1. plot all the corner points for the feasible area.

2. Find the optimum solution to 

X=

Y=

VALUE Z=

L.P. Model: Minimize Subject to: Z = 4X+3Y 1X + 2Y ≥40 3X + 1Y 275 X,Y 20 On the graph on right, constraints C, and C₂ have been plotted. Using the point drawing tool, plot all the corner points for the feasible area. (C₁) (C₂) C 100- 90+ 80- 70-AC2 60- 50- 40- 30- 20- 10- 0- 0 +8 10 20 30 tett 40 50 X 60 70 80 90 100
Transcribed Image Text:L.P. Model: Minimize Subject to: Z = 4X+3Y 1X + 2Y ≥40 3X + 1Y 275 X,Y 20 On the graph on right, constraints C, and C₂ have been plotted. Using the point drawing tool, plot all the corner points for the feasible area. (C₁) (C₂) C 100- 90+ 80- 70-AC2 60- 50- 40- 30- 20- 10- 0- 0 +8 10 20 30 tett 40 50 X 60 70 80 90 100
Expert Solution
Step 1; Explanation

An LPP problem identifying the optimal value as minimum cost or maximum profit. Here, we can identify the problem asking about minimizing the cost. The calculation will be like given below. 

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