Solve the Following LP Problem Graphically by Enumerating the Corner

question 2

Essay

Solve the following LP problem graphically by enumerating the corner points.
MAX: ^{4 X}₁ ^{+ 3 X}₂
Subject to: ^{6 X}₁ ^{+ 7 X}₂ ^{≤ 84}
X₁ ≤ 10
X₂ ≤ 8 X₁,X₂ ≥ 0

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Definitions:

Extraordinary Gains

Profits from events or transactions that are both unusual in nature and infrequent in occurrence, though this distinction has been eliminated in current accounting practices.

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The loss a company incurs before taxes are deducted.

Pretax Gain

The profit a company has made before any taxes have been applied.

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