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2 . 1 CT Fumniture Company makes wooden picnic tables and chairs to sell to various stores. These stores request both finished and unfinished furniture.
CT Fumniture Company makes wooden picnic tables and chairs to sell
to various stores. These stores request both finished and unfinished
furniture. To make this furniture, CT must purchase the wood by the board
foot. It takes board feet to make one table and board feet to make
one chair. Each board foot must be purchased for $ and up to
board feet can be purchased It takes hours to make an unfinished table
and hours to make an unfinished chair. To finish an unfinished table by
priming, sealing, and painting it it takes an additional hours, while it
takes hours to finish an unfinished chair. A total of hours are
available, which can be proportioned as necessary. We can assume that all
pieces of furniture produced can be sold at the following prices: $ for
unfinished table, $ for finished table, $ for unfinished chair, and $
for a finished chair. In addition, due to typical demand, we know that, for
every table produced, at least chairs must be produced. If we have
special orders that must be filled, calling for at least tables and
chairs to be sold, determine how much of each type of fumniture to produce
in order to maximize CTs profit.
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