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Consider this LP formulation: Minimize cost = $X + 2Y X +3Y 90 8X + 2Y 160 3X + 2Y 120 Y70 X, Y 0
Consider this LP formulation: Minimize cost = $X + 2Y X +3Y 90 8X + 2Y 160 3X + 2Y 120 Y70 X, Y 0 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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