Question: Each coffee table produced by Meising Designers nets the firm a profit of $9. Each bookcase yields a $12 profit. Meisings firm is small, and
Each coffee table produced by Meising Designers nets the firm a profit of $9. Each bookcase yields a $12 profit. Meising’s firm is small, and its resources are limited. During any given production period of one week, 10 gallons of varnish and 12 lengths of high-quality redwood are available. Each coffee table requires approximately 1 gallon of varnish and 1 length of redwood. Each bookcase takes 1 gallon of varnish and 2 lengths of wood. Formulate Meising’s production mix decision as an LP problem, and solve using the simplex method. How many tables and bookcases should be produced each week? What will the maximum profit be?
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