What is the optimal value of the objective function

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Reference no: EM13822288

Consider the following linear programming problem:

                Maximize Profit    30X + 50Y

                Subject to           4X +   5Y = 40,000

                                                           X ≥   3,000

                                                        Y ≥   4,000

                                              X ≥ 0 and Y ≥ 0

1. Use a graph to show each constraint and to identify feasible region.

2. Identify the optimal solution point on your graph. What are the values of X and Y at the optimal solution?

3. From your graph, what is the optimal value of the objective function?

Reference no: EM13822288

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