[Steps Shown] Solve the following linear programming model graphically and explain the solution result: Minimize Z=$ 3,000×1 +1,000x2 Subject to 60x1 +20x2
Question: Solve the following linear programming model graphically and explain the solution result:
Minimize Z=$ 3,000×1 +1,000x2
Subject to
60x1 +20x2 ≥1,200
10x1+10x2 ≥ 400
40x1+ 160x2 ≥ 2,400
X1, x2 ≥ 0
Deliverable: Word Document 
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[Solution] Solve the following linear programming model graphically
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