Question
3.The Queens Furniture Company produces beds and desks. Each bed requires 12 hours of carpentry and 8 hours of varnishing. Each desk requires 8 hours
3.The Queens Furniture Company produces beds and desks. Each bed requires 12 hours of carpentry and 8 hours of varnishing. Each desk requires 8 hours of carpentry and 16 hours of varnishing. There are 72 hours of carpentry time and 80 hours of varnishing time available. Beds earn $60 of profit per unit and desks earn $80 of profit per unit. What is the objective function?
Refer to the data in question 3. All of the following are corner points of the feasible region except:
a. | (0,0) | c. | (4,3) |
b. | (5,0) | d. | (6,0) |
6. Refer to the data in question 3. What is the maximum profit that results from the optimal solution?
a. | $360 | c. | $480 |
b. | $400 | d. | $752 |
7. If the shadow price of a unit of constraint is $10, what will happen to the objective function if 20 additional units can be acquired (assuming this is within an allowable range)?
a. | Increase by $10 | c. | Increase by $125 |
b. | Increase by $200 | d. | Nothing will happen |
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