Given the following linear program
Max 0.03 x1 + 0.04 x2
Current Minimum 0.25 x1 >= 30,000
New Minimum 0.2 x2 >= 10,000
Current Vs. New 0.25 x1 - 0.40 x2 >= 0
Budget 4 x1 + 6 x2 <= 1,200,000
x1, x2 >= 0
Solve the model using the graphical solution approach. (30 points for finding the feasible region and 10 points for finding the optimal solution)
• You must show the details of your calculations.
• Use either the iso-objective or the enumeration approach.
• Do not write any calculations on the graph paper.
• Your graph must be to scale.
The way to approach this... View the full answer