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Solve the Following Problem Graphically AGraph the Constraints for This Problem

question 47

Essay

Solve the following problem graphically.

 Max X+2Y s.t. 6X+8Y487X+5Y35X,Y0Y is integer \begin{array} { l l } \text { Max } & X + 2 Y \\\text { s.t. } & 6 X + 8 Y \leq 48 \\& 7 X + 5 Y \geq 35 \\& X , Y \geq 0 \\& Y \text { is integer }\end{array}
a.Graph the constraints for this problem.Indicate all feasible solutions.
b.Find the optimal solution to the LP Relaxation.Round down to find a feasible integer solution.Is this solution optimal?
c.Find the optimal solution.


Definitions:

Residual Income

The amount of income that exceeds the minimum rate of return expected on a project or investment.

Required Rate Of Return

The minimum annual percentage return an investor expects to achieve by investing in a particular asset or project.

Net Operating Income

A measure of a company's profitability, calculated as the difference between total revenue and operating expenses, excluding taxes and interest.

Average Operating Assets

The average value of the assets used in the operations of a business over a specific period.

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