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Consider the following linear programming (LP) problem: MINIMIZE 7X + 8Y s.t. -4X + 3Y12 ..... (1) Y6 ........ (2) X, Y 0 Solve the

Consider the following linear programming (LP) problem:

MINIMIZE7X + 8Y

s.t. -4X + 3Y12 ..... (1)

Y6 ........ (2) X, Y 0

Solve the LP problem using graphical method with 2 decimal places.What is the optimal solution?

Keep your own graph.

Select one:

a. X* = 4.00 and Y* = 0.00b. X* = 0.00 and Y* = 4.00c. X* = 2.00 and Y* = 0.00d. X* = 1.50 and Y* = 6.00e. X* =0.00 and Y* = 6.00

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