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Consider this LP formulation: Graphically illustrate the feasible region and apply the isocost line procedure to indicate which corner point produces the optimal solution. What

Consider this LP formulation:

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?

Minimize cost = $X + 2Y %3D subject to + 3Y 90 8X + 2Y 2 160 3X + 2Y 2 120 Y s 70 X,Y 2 0

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